Analysts have been eager to weigh in on the Technology sector with new ratings on Autodesk (ADSK – Research Report) and Lam Research (LRCX – Research Report).
Autodesk (ADSK)
In a report released today, Dylan Becker from William Blair maintained a Buy rating on Autodesk. The company’s shares closed last Wednesday at $252.66, close to its 52-week high of $256.48.
According to TipRanks.com, Becker is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autodesk with a $246.41 average price target, implying a -3.4% downside from current levels. In a report issued on January 12, KeyBanc also maintained a Buy rating on the stock with a $260.00 price target.
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Lam Research (LRCX)
Bernstein analyst Stacy Rasgon maintained a Hold rating on Lam Research today and set a price target of $750.00. The company’s shares closed last Wednesday at $848.16, close to its 52-week high of $858.64.
According to TipRanks.com, Rasgon is a 5-star analyst with an average return of
Lam Research has an analyst consensus of Moderate Buy, with a price target consensus of $793.00, representing a -6.7% downside. In a report released today, KeyBanc also upgraded the stock to Hold.
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