Analysts have been eager to weigh in on the Technology sector with new ratings on Microsoft (MSFT – Research Report), Skyworks Solutions (SWKS – Research Report) and Wolfspeed (WOLF – Research Report).
Microsoft (MSFT)
In a report released yesterday, Gregg Moskowitz from Mizuho Securities reiterated a Buy rating on Microsoft, with a price target of $450.00. The company’s shares closed last Wednesday at $397.58, close to its 52-week high of $413.05.
According to TipRanks.com, Moskowitz is a top 100 analyst with an average return of
Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $467.25, a 14.8% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $455.00 price target.
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Skyworks Solutions (SWKS)
Mizuho Securities analyst Vijay Rakesh maintained a Buy rating on Skyworks Solutions on January 30 and set a price target of $125.00. The company’s shares closed last Wednesday at $104.46.
According to TipRanks.com, Rakesh is a top 100 analyst with an average return of
Skyworks Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $111.68, representing a 3.9% upside. In a report issued on January 16, Susquehanna also maintained a Buy rating on the stock with a $120.00 price target.
Wolfspeed (WOLF)
In a report released yesterday, Vivek Arya from Bank of America Securities reiterated a Sell rating on Wolfspeed, with a price target of $34.00. The company’s shares closed last Wednesday at $32.55, close to its 52-week low of $27.35.
According to TipRanks.com, Arya is a top 25 analyst with an average return of
Currently, the analyst consensus on Wolfspeed is a Moderate Buy with an average price target of $43.25.
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