Analysts have been eager to weigh in on the Technology sector with new ratings on Western Digital (WDC – Research Report) and Intel (INTC – Research Report).
Western Digital (WDC)
Evercore ISI analyst Amit Daryanani maintained a Buy rating on Western Digital yesterday and set a price target of $85.00. The company’s shares closed last Friday at $71.36, close to its 52-week high of $76.92.
According to TipRanks.com, Daryanani is a 5-star analyst with an average return of
Western Digital has an analyst consensus of Strong Buy, with a price target consensus of $88.00, representing a 23.9% upside. In a report issued on April 18, Morgan Stanley also maintained a Buy rating on the stock with a $83.00 price target.
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Intel (INTC)
In a report released yesterday, Hans Mosesmann from Rosenblatt Securities maintained a Sell rating on Intel, with a price target of $17.00. The company’s shares closed last Friday at $31.88.
According to TipRanks.com, Mosesmann is a top 25 analyst with an average return of
Intel has an analyst consensus of Hold, with a price target consensus of $39.96, representing a 25.7% upside. In a report issued on April 25, Wolfe Research also maintained a Sell rating on the stock with a $29.00 price target.
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Read More on WDC:
- Western Digital sees Q4 adjusted EPS 90c-$1.20, consensus 84c
- Western Digital reports Q3 adjusted EPS 63c, consensus 21c
- Western Digital options imply 6.2% move in share price post-earnings
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