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Analysts Offer Insights on Technology Companies: Advanced Micro Devices (AMD), Skyworks Solutions (SWKS) and HubSpot (HUBS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Advanced Micro Devices (AMDResearch Report), Skyworks Solutions (SWKSResearch Report) and HubSpot (HUBSResearch Report).

Advanced Micro Devices (AMD)

In a report released yesterday, Aaron Rakers from Wells Fargo maintained a Buy rating on Advanced Micro Devices, with a price target of $190.00. The company’s shares closed last Tuesday at $172.06, close to its 52-week high of $184.92.

According to TipRanks.com, Rakers is a top 100 analyst with an average return of 24.2% and a 69.1% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and ARM Holdings PLC ADR.

Currently, the analyst consensus on Advanced Micro Devices is a Strong Buy with an average price target of $175.80, a -0.2% downside from current levels. In a report issued on January 22, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $190.00 price target.

See today’s best-performing stocks on TipRanks >>

Skyworks Solutions (SWKS)

In a report released yesterday, Gary Mobley from Wells Fargo maintained a Hold rating on Skyworks Solutions, with a price target of $110.00. The company’s shares closed last Tuesday at $104.33.

According to TipRanks.com, Mobley is a 5-star analyst with an average return of 13.2% and a 59.5% success rate. Mobley covers the Technology sector, focusing on stocks such as Silicon Laboratories, ARM Holdings PLC ADR, and Allegro MicroSystems.

Currently, the analyst consensus on Skyworks Solutions is a Moderate Buy with an average price target of $107.89, a 2.6% upside from current levels. In a report issued on January 16, Barclays also maintained a Hold rating on the stock with a $90.00 price target.

HubSpot (HUBS)

In a report released yesterday, Michael Turrin from Wells Fargo assigned a Buy rating to HubSpot, with a price target of $700.00. The company’s shares closed last Tuesday at $623.98, close to its 52-week high of $635.74.

According to TipRanks.com, Turrin is a 1-star analyst with an average return of -2.5% and a 53.4% success rate. Turrin covers the Technology sector, focusing on stocks such as Zoom Video Communications, CSG Systems International, and ZoomInfo Technologies.

HubSpot has an analyst consensus of Strong Buy, with a price target consensus of $608.05, implying a -0.3% downside from current levels. In a report issued on January 23, Oppenheimer also maintained a Buy rating on the stock with a $650.00 price target.

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