There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on HashiCorp (HCP – Research Report), Maxlinear (MXL – Research Report) and NXP Semiconductors (NXPI – Research Report) with bullish sentiments.
HashiCorp (HCP)
In a report released today, Ittai Kidron from Oppenheimer maintained a Buy rating on HashiCorp, with a price target of $34.00. The company’s shares closed last Wednesday at $31.41.
According to TipRanks.com, Kidron is a 5-star analyst with an average return of
HashiCorp has an analyst consensus of Moderate Buy, with a price target consensus of $31.09, a 4.8% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $38.00 price target.
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Maxlinear (MXL)
Needham analyst Quinn Bolton maintained a Buy rating on Maxlinear today and set a price target of $25.00. The company’s shares closed last Wednesday at $20.93.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maxlinear with a $24.25 average price target, representing a 15.4% upside. In a report issued on April 15, Benchmark Co. also reiterated a Buy rating on the stock with a $28.00 price target.
NXP Semiconductors (NXPI)
In a report released today, Rick Schafer from Oppenheimer maintained a Buy rating on NXP Semiconductors, with a price target of $250.00. The company’s shares closed last Wednesday at $235.04.
According to TipRanks.com, Schafer is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NXP Semiconductors with a $255.17 average price target, representing an 8.4% upside. In a report issued on April 15, Evercore ISI also initiated coverage with a Buy rating on the stock with a $300.00 price target.
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Read More on HCP:
- IBM to Acquire HashiCorp, Inc. Creating a Comprehensive End-to-End Hybrid Cloud Platform
- CyberArk could be net beneficiary if IBM buys HashiCorp, says BofA
- HashiCorp price target raised to $32 from $28 at BofA
- HashiCorp downgraded to Neutral from Buy at BTIG
- HashiCorp shares jump 19% to $29.24 after trading resumes
