There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Dell Technologies (DELL – Research Report), Jabil (JBL – Research Report) and Synopsys (SNPS – Research Report) with bullish sentiments.
Dell Technologies (DELL)
In a report released yesterday, Wamsi Mohan from Bank of America Securities reiterated a Buy rating on Dell Technologies, with a price target of $82.00. The company’s shares closed last Thursday at $75.87, close to its 52-week high of $76.09.
According to TipRanks.com, Mohan is a 5-star analyst with an average return of
Currently, the analyst consensus on Dell Technologies is a Strong Buy with an average price target of $79.80, implying a 6.3% upside from current levels. In a report issued on November 20, Moelis also initiated coverage with a Buy rating on the stock with a $95.00 price target.
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Jabil (JBL)
Bank of America Securities analyst Ruplu Bhattacharya reiterated a Buy rating on Jabil yesterday and set a price target of $145.00. The company’s shares closed last Thursday at $115.32.
According to TipRanks.com, Bhattacharya is a 1-star analyst with an average return of
Jabil has an analyst consensus of Strong Buy, with a price target consensus of $141.20, which is a 22.2% upside from current levels. In a report issued on November 29, Barclays also maintained a Buy rating on the stock with a $135.00 price target.
Synopsys (SNPS)
In a report released yesterday, Vivek Arya from Bank of America Securities reiterated a Buy rating on Synopsys, with a price target of $650.00. The company’s shares closed last Thursday at $543.23, close to its 52-week high of $557.00.
According to TipRanks.com, Arya is a top 25 analyst with an average return of
Synopsys has an analyst consensus of Strong Buy, with a price target consensus of $621.22, an 11.2% upside from current levels. In a report issued on November 21, Wells Fargo also maintained a Buy rating on the stock with a $600.00 price target.
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Read More on DELL:
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- Options Volatility and Implied Earnings Moves Today, November 30, 2023
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