There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on IPG Photonics (IPGP – Research Report), MongoDB (MDB – Research Report) and Infineon Technologies AG (IFNNF – Research Report) with bullish sentiments.
IPG Photonics (IPGP)
Stifel Nicolaus analyst Ruben Roy maintained a Buy rating on IPG Photonics today and set a price target of $120.00. The company’s shares closed last Friday at $97.27.
According to TipRanks.com, Roy is a 5-star analyst with an average return of
IPG Photonics has an analyst consensus of Moderate Buy, with a price target consensus of $111.00.
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MongoDB (MDB)
In a report released today, Brad Reback from Stifel Nicolaus maintained a Buy rating on MongoDB, with a price target of $450.00. The company’s shares closed last Friday at $435.23, close to its 52-week high of $442.84.
According to TipRanks.com, Reback is a 5-star analyst with an average return of
MongoDB has an analyst consensus of Strong Buy, with a price target consensus of $449.31, which is a 7.0% upside from current levels. In a report issued on December 1, Barclays also maintained a Buy rating on the stock with a $470.00 price target.
Infineon Technologies AG (IFNNF)
In a report released today, Francois Xavier Bouvignies from UBS maintained a Buy rating on Infineon Technologies AG, with a price target of EUR45.00. The company’s shares closed last Friday at $38.30.
Bouvignies has an average return of
According to TipRanks.com, Bouvignies is ranked #580 out of 8617 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Infineon Technologies AG with a $48.45 average price target, which is a 24.7% upside from current levels. In a report issued on November 28, Jefferies also upgraded the stock to Buy with a EUR46.00 price target.
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Read More on IPGP:
- IPG Photonics, Miller Electric Mfg. announce technology collaboration
- IPG Photonics, Miller Electric announce strategic technology collaboration
- IPG Photonics and Miller Electric Mfg. LLC Announce Strategic Technology Collaboration to Deliver Leading Laser Solutions to the Handheld Welding Market
- IPG Photonics price target lowered to $86 from $93 at BofA
- IPG Photonics Announces Third Quarter 2023 Financial Results
