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Analysts’ Top Technology Picks: Texas Instruments (TXN), Teradata (TDC)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Texas Instruments (TXNResearch Report) and Teradata (TDCResearch Report) with bullish sentiments.

Texas Instruments (TXN)

In a report released yesterday, Vedvati Shrotre from Jefferies reiterated a Buy rating on Texas Instruments, with a price target of $200.00. The company’s shares closed last Tuesday at $174.34.

According to TipRanks.com, Shrotre is ranked #481 out of 8688 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Texas Instruments with a $169.24 average price target, a -3.2% downside from current levels. In a report released today, KeyBanc also maintained a Buy rating on the stock with a $200.00 price target.

See the top stocks recommended by analysts >>

Teradata (TDC)

Craig-Hallum analyst Chad Bennett maintained a Buy rating on Teradata today and set a price target of $66.00. The company’s shares closed last Tuesday at $47.76.

According to TipRanks.com, Bennett is a 4-star analyst with an average return of 6.5% and a 54.7% success rate. Bennett covers the Technology sector, focusing on stocks such as E2open Parent Holdings, Varonis Systems, and PROS Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Teradata with a $58.38 average price target.

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.

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