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Analysts Are Bullish on Top Technology Stocks: Xperi Inc (XPER), AppLovin (APP)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Xperi Inc (XPERResearch Report) and AppLovin (APPResearch Report) with bullish sentiments.

Xperi Inc (XPER)

In a report released today, Hamed Khorsand from BWS Financial maintained a Buy rating on Xperi Inc, with a price target of $30.00. The company’s shares closed last Thursday at $11.38.

According to TipRanks.com, Khorsand is a 5-star analyst with an average return of 10.2% and a 53.8% success rate. Khorsand covers the Technology sector, focusing on stocks such as Arlo Technologies, A10 Networks, and Immersion.

Currently, the analyst consensus on Xperi Inc is a Strong Buy with an average price target of $20.00, a 60.4% upside from current levels. In a report released today, Craig-Hallum also maintained a Buy rating on the stock with a $15.00 price target.

See the top stocks recommended by analysts >>

AppLovin (APP)

Truist Financial analyst Matthew Thornton maintained a Buy rating on AppLovin today and set a price target of $35.00. The company’s shares closed last Thursday at $34.12.

According to TipRanks.com, Thornton is a 5-star analyst with an average return of 15.4% and a 53.2% success rate. Thornton covers the Technology sector, focusing on stocks such as Spotify Technology SA, Activision Blizzard, and Electronic Arts.

AppLovin has an analyst consensus of Moderate Buy, with a price target consensus of $36.12, implying a 20.3% upside from current levels. In a report issued on August 1, Stifel Nicolaus also maintained a Buy rating on the stock with a $36.00 price target.

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.

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