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Analysts Offer Insights on Technology Companies: Verisign (VRSN) and Intel (INTC)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Verisign (VRSNResearch Report) and Intel (INTCResearch Report).

Verisign (VRSN)

In a report released today, Ygal Arounian from Citi maintained a Buy rating on Verisign, with a price target of $215.00. The company’s shares closed last Thursday at $182.68, close to its 52-week low of $181.01.

According to TipRanks.com, Arounian is a 4-star analyst with an average return of 7.5% and a 47.7% success rate. Arounian covers the Technology sector, focusing on stocks such as Squarespace, Trade Desk, and GoDaddy.

Verisign has an analyst consensus of Hold, with a price target consensus of $215.00.

See the top stocks recommended by analysts >>

Intel (INTC)

Robert W. Baird analyst Tristan Gerra reiterated a Hold rating on Intel today and set a price target of $40.00. The company’s shares closed last Thursday at $35.11.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 8.2% and a 52.3% success rate. Gerra covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Navitas Semiconductor.

Intel has an analyst consensus of Hold, with a price target consensus of $40.93, representing a 18.4% upside. In a report issued on April 15, Evercore ISI also initiated coverage with a Hold rating on the stock with a $40.00 price target.

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