Analysts Offer Insights on Technology Companies: ACM Research (ACMR), Extreme Networks (EXTR) and Aeva Technologies (AEVA)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on ACM Research (ACMR – Research Report), Extreme Networks (EXTR – Research Report) and Aeva Technologies (AEVA – Research Report).

ACM Research (ACMR)

In a report released today, Christian Schwab from Craig-Hallum maintained a Buy rating on ACM Research. The company’s shares closed last Monday at $17.03.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 15.0% and a 59.7% success rate. Schwab covers the Technology sector, focusing on stocks such as NEXTracker, Inc. Class A, Advanced Micro Devices, and Ultra Clean Holdings.

ACM Research has an analyst consensus of Strong Buy, with a price target consensus of $23.83, which is a 39.4% upside from current levels. In a report issued on January 2, Benchmark Co. also maintained a Buy rating on the stock with a $32.00 price target.

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Extreme Networks (EXTR)

In a report released today, Eric Martinuzzi from Lake Street maintained a Hold rating on Extreme Networks, with a price target of $17.00. The company’s shares closed last Monday at $17.52, close to its 52-week low of $14.63.

According to TipRanks.com, Martinuzzi is a 3-star analyst with an average return of 2.5% and a 44.7% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as CommVault Systems, One Stop Systems, and Par Technology.

Currently, the analyst consensus on Extreme Networks is a Moderate Buy with an average price target of $20.20, a 17.1% upside from current levels. In a report released today, Oppenheimer also downgraded the stock to Hold.

Aeva Technologies (AEVA)

Craig-Hallum analyst Richard Shannon maintained a Buy rating on Aeva Technologies today. The company’s shares closed last Monday at $1.17.

According to TipRanks.com, Shannon is a 3-star analyst with an average return of 2.3% and a 45.3% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Everspin Technologies.

Currently, the analyst consensus on Aeva Technologies is a Moderate Buy with an average price target of $1.00.

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Read More on ACMR:

• ACM Research Updates 2023 Revenue Outlook and Provides Initial Outlook for 2024 Revenue
• ACM Research to Participate in Upcoming Investor Conferences
• ACM Research management to meet virtually with Benchmark
• ACM Research CEO sells $1.59M in common stock
• ACM Research Announces Participation in 12th Annual NYC Summit 2023