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Analysts Offer Insights on Technology Companies: Alkami Technology (ALKT), Harmonic (HLIT) and Qorvo (QRVO)

Analysts have been eager to weigh in on the Technology sector with new ratings on Alkami Technology (ALKTResearch Report), Harmonic (HLITResearch Report) and Qorvo (QRVOResearch Report).

Alkami Technology (ALKT)

Barclays analyst Saket Kalia assigned a Hold rating to Alkami Technology today and set a price target of $27.00. The company’s shares closed last Monday at $24.15, close to its 52-week high of $26.75.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 14.3% and a 59.0% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Procore Technologies, and CrowdStrike Holdings.

Currently, the analyst consensus on Alkami Technology is a Strong Buy with an average price target of $29.60.

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

Harmonic (HLIT)

Barclays analyst Tim Long maintained a Buy rating on Harmonic today and set a price target of $14.00. The company’s shares closed last Monday at $9.40, close to its 52-week low of $8.80.

According to TipRanks.com, Long is a 5-star analyst with an average return of 12.6% and a 63.4% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Motorola Solutions.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Harmonic with a $15.33 average price target.

Qorvo (QRVO)

Barclays analyst Thomas O’Malley maintained a Hold rating on Qorvo yesterday and set a price target of $110.00. The company’s shares closed last Monday at $118.83, close to its 52-week high of $121.65.

According to TipRanks.com, O’Malley is a 4-star analyst with an average return of 9.6% and a 55.4% success rate. O’Malley covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices.

Currently, the analyst consensus on Qorvo is a Hold with an average price target of $111.43.

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