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Analysts Offer Insights on Technology Companies: Asure (ASUR) and Ultra Clean Holdings (UCTT)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Asure (ASURResearch Report) and Ultra Clean Holdings (UCTTResearch Report) with bullish sentiments.

Asure (ASUR)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Asure. The company’s shares closed last Thursday at $11.76.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 17.7% and a 52.5% success rate. Rhee covers the Technology sector, focusing on stocks such as BlackSky Technology, Alkami Technology, and Planet Labs PBC.

Currently, the analyst consensus on Asure is a Strong Buy with an average price target of $18.67, which is a 55.6% upside from current levels. In a report issued on August 8, Barrington also maintained a Buy rating on the stock with a $17.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Ultra Clean Holdings (UCTT)

Craig-Hallum analyst Christian Schwab maintained a Buy rating on Ultra Clean Holdings today. The company’s shares closed last Thursday at $32.29.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 16.8% and a 59.5% success rate. Schwab covers the Technology sector, focusing on stocks such as NEXTracker, Inc. Class A, Advanced Micro Devices, and Axcelis Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ultra Clean Holdings with a $46.00 average price target.

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