There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Telefonaktiebolaget LM Ericsson (ERIC – Research Report), Oracle (ORCL – Research Report) and Alphabet Class C (GOOG – Research Report) with bullish sentiments.
Telefonaktiebolaget LM Ericsson (ERIC)
In a report released today, Simon Leopold from Raymond James maintained a Buy rating on Telefonaktiebolaget LM Ericsson, with a price target of $9.00. The company’s shares closed last Thursday at $5.43, close to its 52-week low of $5.16.
According to TipRanks.com, Leopold is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Telefonaktiebolaget LM Ericsson with a $9.60 average price target, a 78.8% upside from current levels. In a report issued on October 18, J.P. Morgan also maintained a Buy rating on the stock with a $11.80 price target.
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Oracle (ORCL)
In a report released today, Mark Murphy from J.P. Morgan maintained a Buy rating on Oracle, with a price target of $84.00. The company’s shares closed last Thursday at $69.25.
According to TipRanks.com, Murphy is a 5-star analyst with an average return of
Currently, the analyst consensus on Oracle is a Moderate Buy with an average price target of $89.20, which is a 32.1% upside from current levels. In a report released today, KeyBanc also upgraded the stock to Buy with a $80.00 price target.
Alphabet Class C (GOOG)
J.P. Morgan analyst Doug Anmuth maintained a Buy rating on Alphabet Class C today and set a price target of $136.00. The company’s shares closed last Thursday at $100.53, close to its 52-week low of $95.27.
According to TipRanks.com, Anmuth is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alphabet Class C with a $141.86 average price target, a 40.7% upside from current levels. In a report released today, Deutsche Bank also maintained a Buy rating on the stock with a $130.00 price target.
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