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Analysts Offer Insights on Technology Companies: Viavi Solutions (VIAV), KLA (KLAC) and Qualcomm (QCOM)

Tipranks - Fri May 1, 4:12AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Viavi Solutions (VIAV), KLA (KLAC) and Qualcomm (QCOM).

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Viavi Solutions (VIAV)

In a report released today, Ryan Koontz from Needham maintained a Buy rating on Viavi Solutions, with a price target of $68.00. The company’s shares closed last Wednesday at $45.53.

According to TipRanks.com, Koontz is a 5-star analyst with an average return of 35.3% and a 51.9% success rate. Koontz covers the Technology sector, focusing on stocks such as Applied Optoelectronics, Lumentum Holdings, and Ceragon Networks. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viavi Solutions with a $49.60 average price target, implying a 12.8% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $48.00 price target.

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KLA (KLAC)

Barclays analyst Thomas O’Malley maintained a Buy rating on KLA today and set a price target of $1700.00. The company’s shares closed last Wednesday at $1816.21.

According to TipRanks.com, O’Malley is a top 100 analyst with an average return of 40.0% and a 66.4% success rate. O’Malley covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for KLA with a $1806.27 average price target, a -1.3% downside from current levels. In a report issued on April 16, TipRanks – Anthropic also upgraded the stock to Buy with a $1984.00 price target.

Qualcomm (QCOM)

KeyBanc analyst John Vinh maintained a Hold rating on Qualcomm today. The company’s shares closed last Wednesday at $156.00, close to its 52-week low of $149.43.

According to TipRanks.com, Vinh is a top 100 analyst with an average return of 27.9% and a 65.0% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Silicon Laboratories, and ARM Holdings PLC ADR. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Qualcomm with a $155.80 average price target, a 2.9% upside from current levels. In a report issued on April 16, J.P. Morgan also downgraded the stock to Hold with a $140.00 price target.

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