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Analysts Conflicted on These Technology Names: Avnet (AVT) and Dell Technologies (DELL)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Avnet (AVTResearch Report) and Dell Technologies (DELLResearch Report).

Avnet (AVT)

J.P. Morgan analyst Joseph Cardoso maintained a Sell rating on Avnet yesterday and set a price target of $42.00. The company’s shares closed last Tuesday at $36.63, close to its 52-week low of $35.45.

Cardoso has an average return of 14.2% when recommending Avnet.

According to TipRanks.com, Cardoso is ranked #4734 out of 7973 analysts.

Avnet has an analyst consensus of Moderate Sell, with a price target consensus of $41.60.

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

Dell Technologies (DELL)

J.P. Morgan analyst Samik Chatterjee maintained a Buy rating on Dell Technologies yesterday and set a price target of $52.00. The company’s shares closed last Tuesday at $33.87, close to its 52-week low of $33.69.

According to TipRanks.com, Chatterjee is a 4-star analyst with an average return of 8.5% and a 45.5% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

Currently, the analyst consensus on Dell Technologies is a Moderate Buy with an average price target of $54.33.

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