There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on indie Semiconductor (INDI – Research Report), Snowflake (SNOW – Research Report) and ACM Research (ACMR – Research Report) with bullish sentiments.
indie Semiconductor (INDI)
Benchmark Co. analyst Cody Acree maintained a Buy rating on indie Semiconductor today and set a price target of $17.00. The company’s shares closed last Friday at $8.11.
According to TipRanks.com, Acree 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 indie Semiconductor with a $13.90 average price target.
See today’s best-performing stocks on TipRanks >>
Snowflake (SNOW)
In a report released today, Ittai Kidron from Oppenheimer maintained a Buy rating on Snowflake, with a price target of $240.00. The company’s shares closed last Friday at $199.00, close to its 52-week high of $202.83.
According to TipRanks.com, Kidron is a top 100 analyst with an average return of
Currently, the analyst consensus on Snowflake is a Strong Buy with an average price target of $215.10, a 7.6% upside from current levels. In a report issued on December 20, Wells Fargo also maintained a Buy rating on the stock with a $235.00 price target.
ACM Research (ACMR)
Benchmark Co. analyst Mark Miller maintained a Buy rating on ACM Research today and set a price target of $32.00. The company’s shares closed last Friday at $19.54, close to its 52-week high of $21.07.
According to TipRanks.com, Miller is a 5-star analyst with an average return of
Currently, the analyst consensus on ACM Research is a Strong Buy with an average price target of $24.88.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on INDI:
- Indie Semiconductor initiated with an Outperform at CJS Securities
- STMicroelectronics collaborates with indie Semiconductor
- Indie Semiconductor price target lowered to $10 from $15 at Roth MKM
- Indie Semiconductor sees Q4 revenue $70M-$75M, consensus $73.67M
- Indie Semiconductor reports Q3 EPS (12c), consensus (8c)
