Companies in the Technology sector have received a lot of coverage today as analysts weigh in on ON Semiconductor (ON – Research Report), AppFolio (APPF – Research Report) and Arista Networks (ANET – Research Report).
ON Semiconductor (ON)
J.P. Morgan analyst Harlan Sur maintained a Hold rating on ON Semiconductor today and set a price target of $95.00. The company’s shares closed last Monday at $65.34, close to its 52-week low of $58.43.
According to TipRanks.com, Sur is a top 100 analyst with an average return of
ON Semiconductor has an analyst consensus of Moderate Buy, with a price target consensus of $92.15, implying a 25.7% upside from current levels. In a report released yesterday, Summit Redstone Partners also downgraded the stock to Hold.
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AppFolio (APPF)
J.P. Morgan analyst Alexei Gogolev maintained a Buy rating on AppFolio on October 26 and set a price target of $230.00. The company’s shares closed last Monday at $183.59.
According to TipRanks.com, Gogolev is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for AppFolio with a $221.00 average price target, a 16.6% upside from current levels. In a report issued on October 27, KeyBanc also maintained a Buy rating on the stock with a $223.00 price target.
Arista Networks (ANET)
In a report released today, Samik Chatterjee from J.P. Morgan maintained a Buy rating on Arista Networks, with a price target of $230.00. The company’s shares closed last Monday at $175.72.
According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arista Networks with a $214.47 average price target, implying a 21.5% upside from current levels. In a report released today, Morgan Stanley also upgraded the stock to Buy with a $220.00 price target.
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