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Analysts Are Bullish on Top Technology Stocks: Intuit (INTU), Micron (MU)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Intuit (INTUResearch Report), Micron (MUResearch Report) and Synopsys (SNPSResearch Report) with bullish sentiments.

Intuit (INTU)

In a report released yesterday, Michael Turrin from Wells Fargo maintained a Buy rating on Intuit, with a price target of $725.00. The company’s shares closed last Wednesday at $639.65, close to its 52-week high of $671.01.

According to TipRanks.com, Turrin has 0 stars on 0-5 stars ranking scale with an average return of -3.8% and a 46.7% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and CSG Systems International.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intuit with a $705.62 average price target, which is an 11.1% upside from current levels. In a report issued on March 8, Citi also maintained a Buy rating on the stock with a $744.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Micron (MU)

In a report released yesterday, Aaron Rakers from Wells Fargo maintained a Buy rating on Micron, with a price target of $135.00. The company’s shares closed last Wednesday at $96.25, close to its 52-week high of $101.85.

According to TipRanks.com, Rakers is a top 100 analyst with an average return of 26.1% and a 68.1% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Keysight Technologies.

Micron has an analyst consensus of Strong Buy, with a price target consensus of $116.47, which is a 22.6% upside from current levels. In a report issued on March 15, Citi also reiterated a Buy rating on the stock with a $150.00 price target.

Synopsys (SNPS)

In a report released yesterday, Gary Mobley from Wells Fargo maintained a Buy rating on Synopsys, with a price target of $630.00. The company’s shares closed last Wednesday at $589.78, close to its 52-week high of $629.38.

According to TipRanks.com, Mobley is a 5-star analyst with an average return of 12.2% and a 57.7% success rate. Mobley covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Allegro MicroSystems, and Silicon Laboratories.

Synopsys has an analyst consensus of Strong Buy, with a price target consensus of $630.00, representing a 6.3% upside. In a report released today, KeyBanc also assigned a Buy rating to the stock with a $675.00 price target.

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