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Analysts Conflicted on These Technology Names: Methode Electronics (MEI) and Netgear (NTGR)

Analysts have been eager to weigh in on the Technology sector with new ratings on Methode Electronics (MEIResearch Report) and Netgear (NTGRResearch Report).

Methode Electronics (MEI)

In a report released yesterday, Gary Prestopino from Barrington maintained a Hold rating on Methode Electronics. The company’s shares closed last Friday at $21.57, close to its 52-week low of $20.46.

According to TipRanks.com, Prestopino is a top 100 analyst with an average return of 23.9% and a 54.4% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Cantaloupe, and Powerfleet.

The word on The Street in general, suggests a Hold analyst consensus rating for Methode Electronics.

See today’s best-performing stocks on TipRanks >>

Netgear (NTGR)

BWS Financial analyst Hamed Khorsand maintained a Buy rating on Netgear today and set a price target of $30.00. The company’s shares closed last Thursday at $14.00.

According to TipRanks.com, Khorsand is a 4-star analyst with an average return of 4.0% and a 47.5% success rate. Khorsand covers the Technology sector, focusing on stocks such as Ubiquiti Networks, A10 Networks, and Eventbrite.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netgear with a $30.00 average price target.

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