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Analysts Are Bullish on Top Technology Stocks: Adeia (ADEA), Lsi Industries (LYTS)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Adeia (ADEAResearch Report) and Lsi Industries (LYTSResearch Report) with bullish sentiments.

Adeia (ADEA)

In a report released today, Hamed Khorsand from BWS Financial maintained a Buy rating on Adeia, with a price target of $16.00. The company’s shares closed last Thursday at $9.73.

According to TipRanks.com, Khorsand is a 4-star analyst with an average return of 3.4% and a 47.8% success rate. Khorsand covers the Technology sector, focusing on stocks such as Ubiquiti Networks, A10 Networks, and Eventbrite.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adeia with a $15.00 average price target.

See today’s best-performing stocks on TipRanks >>

Lsi Industries (LYTS)

Craig-Hallum analyst Aaron Spychalla maintained a Buy rating on Lsi Industries today. The company’s shares closed last Thursday at $13.99.

According to TipRanks.com, Spychalla is a 2-star analyst with an average return of 0.5% and a 57.1% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Bowman Consulting Group, and American Superconductor.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lsi Industries with a $18.50 average price target.

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