There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Onto Innovation (ONTO – Research Report), Fabasoft AG (FBSFF – Research Report) and NEXTracker, Inc. Class A (NXT – Research Report) with bullish sentiments.
Onto Innovation (ONTO)
Benchmark Co. analyst Mark Miller maintained a Buy rating on Onto Innovation today and set a price target of $125.00. The company’s shares closed last Thursday at $113.18.
According to TipRanks.com, Miller is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Onto Innovation with a $130.75 average price target, which is a 9.8% upside from current levels. In a report issued on August 8, Stifel Nicolaus also maintained a Buy rating on the stock with a $135.00 price target.
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Fabasoft AG (FBSFF)
In a report released today, Hannes Müller from Warburg Research maintained a Buy rating on Fabasoft AG, with a price target of EUR28.00. The company’s shares closed last Thursday at $16.81.
According to TipRanks.com, Müller is ranked #5986 out of 8549 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fabasoft AG with a $30.80 average price target.
NEXTracker, Inc. Class A (NXT)
In a report released today, Julien Dumoulin Smith from Bank of America Securities reiterated a Buy rating on NEXTracker, Inc. Class A, with a price target of $45.00. The company’s shares closed last Thursday at $40.73.
According to TipRanks.com, Smith is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for NEXTracker, Inc. Class A with a $48.08 average price target, implying a 17.7% upside from current levels. In a report issued on July 27, Roth MKM also maintained a Buy rating on the stock with a $60.00 price target.
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Read More on ONTO:
- Onto Innovation price target raised to $135 from $124 at Stifel
- ONTO Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Onto Innovation price target raised to $140 from $135 at B. Riley
- AI Fever: These 6 Overbought SemiCap Stocks Raise Red Flags, Warns Top Analyst
- Onto Innovation downgraded to Hold from Buy at Needham
