There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Semtech (SMTC – Research Report) and Chegg (CHGG – Research Report) with bullish sentiments.
Semtech (SMTC)
In a report released today, Anthony Stoss from Craig-Hallum maintained a Buy rating on Semtech. The company’s shares closed last Tuesday at $16.40, close to its 52-week low of $13.13.
According to TipRanks.com, Stoss is a 5-star analyst with an average return of
Currently, the analyst consensus on Semtech is a Strong Buy with an average price target of $33.56.
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Chegg (CHGG)
Craig-Hallum analyst Alex Fuhrman maintained a Buy rating on Chegg today. The company’s shares closed last Tuesday at $10.28, close to its 52-week low of $7.32.
According to TipRanks.com, Fuhrman has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Chegg with a $10.14 average price target.
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