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Analysts Offer Insights on Technology Companies: Semtech (SMTC), Pagaya Technologies Ltd (PGY) and Broadridge Financial Solutions (BR)

Analysts have been eager to weigh in on the Technology sector with new ratings on Semtech (SMTCResearch Report), Pagaya Technologies Ltd (PGYResearch Report) and Broadridge Financial Solutions (BRResearch Report).

Semtech (SMTC)

In a report issued on January 17, Anthony Stoss from Craig-Hallum assigned a Buy rating to Semtech. The company’s shares closed last Monday at $21.53.

According to TipRanks.com, Stoss is a 5-star analyst with an average return of 8.9% and a 54.8% success rate. Stoss covers the Technology sector, focusing on stocks such as Akoustis Technologies, indie Semiconductor, and STMicroelectronics.

Currently, the analyst consensus on Semtech is a Strong Buy with an average price target of $29.63, which is a 37.7% upside from current levels. In a report issued on January 2, Stifel Nicolaus also maintained a Buy rating on the stock with a $26.00 price target.

See today’s best-performing stocks on TipRanks >>

Pagaya Technologies Ltd (PGY)

Benchmark Co. analyst Michael Legg reiterated a Buy rating on Pagaya Technologies Ltd on January 17 and set a price target of $6.00. The company’s shares closed last Monday at $1.14.

According to TipRanks.com, Legg is ranked #1227 out of 8673 analysts.

Pagaya Technologies Ltd has an analyst consensus of Strong Buy, with a price target consensus of $3.25, which is a 195.5% upside from current levels. In a report issued on January 17, JMP Securities also maintained a Buy rating on the stock with a $2.25 price target.

Broadridge Financial Solutions (BR)

D.A. Davidson analyst Peter Heckmann maintained a Hold rating on Broadridge Financial Solutions on January 17 and set a price target of $180.00. The company’s shares closed last Monday at $206.15, close to its 52-week high of $207.29.

According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 5.1% and a 54.5% success rate. Heckmann covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, SS&C Technologies Holdings, and Jack Henry & Associates.

Broadridge Financial Solutions has an analyst consensus of Hold, with a price target consensus of $192.50.

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