Analysts have been eager to weigh in on the Technology sector with new ratings on Garmin (GRMN – Research Report), Nvidia (NVDA – Research Report) and Ansys (ANSS – Research Report).
Garmin (GRMN)
Barclays analyst George Wang CFA maintained a Hold rating on Garmin yesterday and set a price target of $140.00. The company’s shares closed last Wednesday at $133.58, close to its 52-week high of $137.87.
According to TipRanks.com, CFA is a 5-star analyst with an average return of
Garmin has an analyst consensus of Hold, with a price target consensus of $137.50.
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Nvidia (NVDA)
Barclays analyst Thomas O’Malley maintained a Buy rating on Nvidia yesterday and set a price target of $850.00. The company’s shares closed last Wednesday at $674.72, close to its 52-week high of $746.11.
According to TipRanks.com, O’Malley is a 4-star analyst with an average return of
Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $833.36, which is a 22.5% upside from current levels. In a report issued on February 16, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $1200.00 price target.
Ansys (ANSS)
In a report released today, Saket Kalia from Barclays maintained a Sell rating on Ansys, with a price target of $340.00. The company’s shares closed last Wednesday at $328.63.
According to TipRanks.com, Kalia is a 5-star analyst with an average return of
Ansys has an analyst consensus of Hold, with a price target consensus of $343.00.
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