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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tipranks - Wed Mar 25, 7:36AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Ultra Clean Holdings (UCTT) and Netgear (NTGR) with bullish sentiments.

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Ultra Clean Holdings (UCTT)

Oppenheimer analyst Edward Yang maintained a Buy rating on Ultra Clean Holdings today and set a price target of $85.00. The company’s shares closed last Monday at $61.12.

According to TipRanks.com, Yang is a 5-star analyst with an average return of 40.4% and a 68.4% success rate. Yang covers the Technology sector, focusing on stocks such as Qnity Electronics, Inc., Onto Innovation, and Ichor Holdings. ;'>

Currently, the analyst consensus on Ultra Clean Holdings is a Strong Buy with an average price target of $81.25.

See the top stocks recommended by analysts >>

Netgear (NTGR)

In a report released today, Tore Svanberg from Stifel Nicolaus maintained a Buy rating on Netgear, with a price target of $36.00. The company’s shares closed last Monday at $22.06.

According to TipRanks.com, Svanberg is a 5-star analyst with an average return of 20.2% and a 59.6% success rate. Svanberg covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Silicon Laboratories. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netgear with a $36.00 average price target.

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