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Analysts Conflicted on These Technology Names: Entegris (ENTG), Parsons (PSN) and Cisco Systems (CSCO)

Analysts have been eager to weigh in on the Technology sector with new ratings on Entegris (ENTGResearch Report), Parsons (PSNResearch Report) and Cisco Systems (CSCOResearch Report).

Entegris (ENTG)

In a report released today, Aleksey Yefremov from KeyBanc reiterated a Buy rating on Entegris, with a price target of $164.00. The company’s shares closed last Wednesday at $131.17, close to its 52-week high of $134.60.

According to TipRanks.com, Yefremov is a 4-star analyst with an average return of 8.1% and a 55.4% success rate. Yefremov covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Eastman Chemical, and PPG Industries.

Currently, the analyst consensus on Entegris is a Strong Buy with an average price target of $147.20, a 13.2% upside from current levels. In a report issued on February 13, Mizuho Securities also maintained a Buy rating on the stock with a $140.00 price target.

See the top stocks recommended by analysts >>

Parsons (PSN)

In a report released today, Sangita Jain from KeyBanc maintained a Buy rating on Parsons, with a price target of $79.00. The company’s shares closed last Wednesday at $72.41, close to its 52-week high of $73.83.

According to TipRanks.com, Jain is a 3-star analyst with an average return of 2.4% and a 66.7% success rate. Jain covers the Industrial Goods sector, focusing on stocks such as Aecom Technology, Jacobs Solutions, and Quanta Services.

Currently, the analyst consensus on Parsons is a Strong Buy with an average price target of $78.17, a 5.9% upside from current levels. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a $82.00 price target.

Cisco Systems (CSCO)

Barclays analyst Tim Long maintained a Hold rating on Cisco Systems yesterday and set a price target of $48.00. The company’s shares closed last Wednesday at $50.28.

According to TipRanks.com, Long is a 5-star analyst with an average return of 12.8% and a 62.9% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Motorola Solutions.

Cisco Systems has an analyst consensus of Hold, with a price target consensus of $52.69, which is a 6.3% upside from current levels. In a report issued on February 12, Bank of America Securities also maintained a Hold rating on the stock with a $55.00 price target.

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