Analysts Have Conflicting Sentiments on These Technology Companies: Intel (INTC), Gitlab (GTLB) and Advanced Micro Devices (AMD)

Analysts have been eager to weigh in on the Technology sector with new ratings on Intel (INTC – Research Report), Gitlab (GTLB – Research Report) and Advanced Micro Devices (AMD – Research Report).

Intel (INTC)

In a report issued on April 4, Amanda Tan from DBS maintained a Hold rating on Intel. The company’s shares closed last Monday at $37.98.

According to TipRanks.com, Tan is a 2-star analyst with an average return of 2.7% and a 83.3% success rate. Tan covers the NA sector, focusing on stocks such as Booking Holdings, Expedia, and Airbnb.

Intel has an analyst consensus of Hold, with a price target consensus of $44.88, which is a 16.1% upside from current levels. In a report issued on March 20, Wells Fargo also maintained a Hold rating on the stock with a $48.00 price target.

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Gitlab (GTLB)

Wells Fargo analyst Michael Turrin initiated coverage with a Buy rating on Gitlab today and set a price target of $70.00. The company’s shares closed last Monday at $58.60.

According to TipRanks.com, Turrin ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -3.6% and a 47.1% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and CSG Systems International.

Currently, the analyst consensus on Gitlab is a Strong Buy with an average price target of $73.17, which is a 28.6% upside from current levels. In a report issued on April 3, Bank of America Securities also maintained a Buy rating on the stock with a $85.00 price target.

Advanced Micro Devices (AMD)

Wells Fargo analyst Aaron Rakers maintained a Buy rating on Advanced Micro Devices today and set a price target of $190.00. The company’s shares closed last Monday at $169.90.

According to TipRanks.com, Rakers is a top 100 analyst with an average return of 27.5% and a 68.7% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Super Micro Computer.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Advanced Micro Devices with a $201.26 average price target, implying a 19.7% upside from current levels. In a report issued on March 25, Craig-Hallum also maintained a Buy rating on the stock.

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