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Analysts’ Top Technology Picks: Aehr Test Systems (AEHR), Super Micro Computer (SMCI)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Aehr Test Systems (AEHRResearch Report), Super Micro Computer (SMCIResearch Report) and Evolv Technologies Holdings (EVLVResearch Report) with bullish sentiments.

Aehr Test Systems (AEHR)

Craig-Hallum analyst Christian Schwab maintained a Buy rating on Aehr Test Systems today and set a price target of $60.00. The company’s shares closed last Thursday at $44.21.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 15.8% and a 56.3% success rate. Schwab covers the Technology sector, focusing on stocks such as NEXTracker, Inc. Class A, Advanced Micro Devices, and Ultra Clean Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aehr Test Systems with a $60.00 average price target.

See the top stocks recommended by analysts >>

Super Micro Computer (SMCI)

Northland Securities analyst Nehal Chokshi reiterated a Buy rating on Super Micro Computer today and set a price target of $395.00. The company’s shares closed last Thursday at $287.60.

According to TipRanks.com, Chokshi is a top 100 analyst with an average return of 22.5% and a 60.0% success rate. Chokshi covers the Technology sector, focusing on stocks such as CSG Systems International, Palo Alto Networks, and Avid Technology.

Currently, the analyst consensus on Super Micro Computer is a Moderate Buy with an average price target of $334.40.

Evolv Technologies Holdings (EVLV)

In a report released today, Chad Bennett from Craig-Hallum maintained a Buy rating on Evolv Technologies Holdings, with a price target of $10.00. The company’s shares closed last Thursday at $4.48.

According to TipRanks.com, Bennett is a 3-star analyst with an average return of 1.9% and a 47.3% success rate. Bennett covers the Technology sector, focusing on stocks such as E2open Parent Holdings, Varonis Systems, and PROS Holdings.

Currently, the analyst consensus on Evolv Technologies Holdings is a Strong Buy with an average price target of $7.82, a 71.1% upside from current levels. In a report issued on September 21, Northland Securities also maintained a Buy rating on the stock with a $8.50 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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