There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Lam Research (LRCX – Research Report), Cadence Design (CDNS – Research Report) and Infosys (INFY – Research Report) with bullish sentiments.
Lam Research (LRCX)
In a report released today, Brian Chin from Stifel Nicolaus maintained a Buy rating on Lam Research, with a price target of $1050.00. The company’s shares closed last Monday at $868.07.
According to TipRanks.com, Chin is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lam Research with a $977.55 average price target, an 11.5% upside from current levels. In a report issued on April 15, Evercore ISI also initiated coverage with a Buy rating on the stock with a $1200.00 price target.
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Cadence Design (CDNS)
In a report released today, Ruben Roy from Stifel Nicolaus maintained a Buy rating on Cadence Design, with a price target of $350.00. The company’s shares closed last Monday at $285.02.
According to TipRanks.com, Roy is a 5-star analyst with an average return of
Cadence Design has an analyst consensus of Moderate Buy, with a price target consensus of $325.45, which is a 14.6% upside from current levels. In a report issued on April 18, Robert W. Baird also maintained a Buy rating on the stock with a $322.00 price target.
Infosys (INFY)
In a report issued on April 18, Ankur Rudra from J.P. Morgan maintained a Buy rating on Infosys, with a price target of $20.30. The company’s shares closed last Monday at $17.30.
Rudra has an average return of
According to TipRanks.com, Rudra is ranked #7510 out of 8792 analysts.
Infosys has an analyst consensus of Moderate Buy, with a price target consensus of $18.42, an 8.0% upside from current levels. In a report issued on April 9, Bank of America Securities also upgraded the stock to Buy.
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