Analysts have been eager to weigh in on the Technology sector with new ratings on Hewlett Packard Enterprise (HPE – Research Report) and Microchip (MCHP – Research Report).
Hewlett Packard Enterprise (HPE)
Bank of America Securities analyst Wamsi Mohan reiterated a Hold rating on Hewlett Packard Enterprise yesterday and set a price target of $19.00. The company’s shares closed last Monday at $17.72, close to its 52-week high of $18.14.
According to TipRanks.com, Mohan is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hewlett Packard Enterprise with a $18.18 average price target.
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Microchip (MCHP)
Bank of America Securities analyst Vivek Arya maintained a Buy rating on Microchip yesterday and set a price target of $105.00. The company’s shares closed last Monday at $85.64.
According to TipRanks.com, Arya is a top 100 analyst with an average return of
Microchip has an analyst consensus of Moderate Buy, with a price target consensus of $90.94, a 7.8% upside from current levels. In a report issued on January 5, Truist Financial also maintained a Buy rating on the stock with a $97.00 price target.
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