There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on ON Semiconductor (ON – Research Report) and Braze (BRZE – Research Report) with bullish sentiments.
ON Semiconductor (ON)
Wells Fargo analyst Gary Mobley maintained a Buy rating on ON Semiconductor yesterday and set a price target of $110.00. The company’s shares closed last Wednesday at $75.61.
According to TipRanks.com, Mobley is a 5-star analyst with an average return of
Currently, the analyst consensus on ON Semiconductor is a Moderate Buy with an average price target of $88.92, which is a 17.0% upside from current levels. In a report issued on January 5, Truist Financial also maintained a Buy rating on the stock with a $94.00 price target.
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Braze (BRZE)
In a report released yesterday, Michael Berg from Wells Fargo maintained a Buy rating on Braze, with a price target of $75.00. The company’s shares closed last Wednesday at $49.64.
According to TipRanks.com, Berg is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Braze with a $69.19 average price target, which is a 37.5% upside from current levels. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $75.00 price target.
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Read More on ON:
- ON Semiconductor price target raised to $94 from $81 at Truist
- SHAREHOLDER ALERT: Potential Recovery for ON Semiconductor Corporation (ON) Investors
- ON Semiconductor price target raised to $85 from $72 at Stifel
- ON Semiconductor price target lowered by $5 at BofA, here’s why
- ON Semiconductor price target lowered to $100 from $105 at BofA
