Analysts have been eager to weigh in on the Technology sector with new ratings on Analog Devices (ADI – Research Report), Intel (INTC – Research Report) and ACM Research (ACMR – Research Report).
Analog Devices (ADI)
In a report released yesterday, Gary Mobley from Wells Fargo maintained a Hold rating on Analog Devices, with a price target of $185.00. The company’s shares closed last Monday at $188.98.
According to TipRanks.com, Mobley is a 5-star analyst with an average return of
Analog Devices has an analyst consensus of Moderate Buy, with a price target consensus of $202.88, representing an 8.4% upside. In a report issued on January 4, Bernstein also downgraded the stock to Hold with a $200.00 price target.
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Intel (INTC)
In a report released yesterday, Aaron Rakers from Wells Fargo maintained a Hold rating on Intel, with a price target of $52.00. The company’s shares closed last Monday at $48.45, close to its 52-week high of $51.28.
According to TipRanks.com, Rakers is a top 100 analyst with an average return of
Intel has an analyst consensus of Hold, with a price target consensus of $44.33, which is a -5.8% downside from current levels. In a report issued on January 2, Stifel Nicolaus also maintained a Hold rating on the stock with a $45.00 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 Monday at $17.03.
According to TipRanks.com, Miller 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 ACM Research with a $24.88 average price target.
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Read More on ADI:
- Analog Devices price target raised to $226 from $206 at Truist
- Analog Devices downgraded to Market Perform from Outperform at Bernstein
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- Analog Devices upgraded to Buy from Hold at Edward Jones
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