Wall Street Analysts Are Bullish on Top Technology Picks
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Wolfspeed Inc (WOLF) and Marvell (MRVL) with bullish sentiments.
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Wolfspeed Inc (WOLF)
In a report released today, Christopher Rolland from Susquehanna maintained a Buy rating on Wolfspeed Inc, with a price target of $28.00. The company’s shares closed last Monday at $27.09.
According to TipRanks.com, Rolland is a top 100 analyst with an average return of
Wolfspeed Inc has an analyst consensus of Moderate Buy, with a price target consensus of $24.00.
See the top stocks recommended by analysts >>
Marvell (MRVL)
In a report released today, Kevin Cassidy from Rosenblatt Securities maintained a Buy rating on Marvell. The company’s shares closed last Monday at $146.14.
According to TipRanks.com, Cassidy is a top 100 analyst with an average return of
Marvell has an analyst consensus of Strong Buy, with a price target consensus of $125.54, which is a -14.9% downside from current levels. In a report issued on April 9, Barclays also upgraded the stock to Buy with a $150.00 price target.
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