Analysts have been eager to weigh in on the Technology sector with new ratings on Advanced Micro Devices (AMD – Research Report), Olo (OLO – Research Report) and Desktop Metal (DM – Research Report).
Advanced Micro Devices (AMD)
Benchmark Co. analyst Cody Acree reiterated a Buy rating on Advanced Micro Devices today and set a price target of $145.00. The company’s shares closed last Wednesday at $119.17.
Acree has an average return of
According to TipRanks.com, Acree is ranked #139 out of 8543 analysts.
Advanced Micro Devices has an analyst consensus of Strong Buy, with a price target consensus of $140.50, representing a 19.5% upside. In a report issued on July 19, Wolfe Research also initiated coverage with a Buy rating on the stock with a $150.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Olo (OLO)
In a report released today, Gabriela Borges from Goldman Sachs maintained a Hold rating on Olo. The company’s shares closed last Wednesday at $8.58.
According to TipRanks.com, Borges is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Olo with a $10.20 average price target.
Desktop Metal (DM)
In a report released today, Troy Jensen from Lake Street reiterated a Hold rating on Desktop Metal, with a price target of $1.75. The company’s shares closed last Wednesday at $1.80.
According to TipRanks.com, Jensen is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Desktop Metal with a $1.88 average price target, implying a 2.7% upside from current levels. In a report released yesterday, Craig-Hallum also assigned a Hold rating to the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on AMD:
- Advanced Micro Devices (NASDAQ:AMD) Surges after Earnings Exceed Expectations
- AMD Reports Second Quarter 2023 Financial Results
- AMD is set to report earnings after the bell. Here’s what Wall Street expects
- AMD Earnings: Analysts Upbeat Ahead Today’s Q2 Report
- Lenovo making PC gaming handheld, Windows Central reports
