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Analysts Are Bullish on These Technology Stocks: Boeing (BA), Trade Desk (TTD)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Boeing (Research Report) with bullish sentiments.

Boeing (BA)

Boeing received a Buy rating and a $225.00 price target from Jefferies analyst Sheila Kahyaoglu yesterday. The company’s shares closed last Tuesday at $164.85.

According to 4.1% and a 57.1% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as Raytheon Technologies, L3Harris Technologies, and Caci International.

Boeing has an analyst consensus of Strong Buy, with a price target consensus of $209.23, a 25.7% upside from current levels. In a report issued on July 27, Cowen & Co. also maintained a Buy rating on the stock with a $230.00 price target.

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

Trade Desk (TTD)

In a report released yesterday, Brent Thill from Jefferies maintained a Buy rating on Trade Desk, with a price target of $80.00. The company’s shares closed last Tuesday at $54.50.

According to -8.9% and a 32.4% success rate. Thill covers the Technology sector, focusing on stocks such as Palantir Technologies, IAC/InteractiveCorp., and Procore Technologies.

Trade Desk has an analyst consensus of Strong Buy, with a price target consensus of $75.00, representing a 40.2% upside. In a report issued on August 1, KeyBanc also maintained a Buy rating on the stock with a $52.00 price target.

GlobalFoundries Inc (GFS)

In a report released yesterday, Mark Lipacis from Jefferies maintained a Buy rating on GlobalFoundries Inc, with a price target of $82.00. The company’s shares closed last Tuesday at $55.67.

According to 28.4% and a 67.9% success rate. Lipacis covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Smart Global Holdings, and NXP Semiconductors.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GlobalFoundries Inc with a $70.67 average price target, representing a 14.2% upside. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $70.00 price target.

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