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Analysts Are Bullish on These Technology Stocks: Synaptics (SYNA), Viavi Solutions (VIAV)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Synaptics (SYNAResearch Report) and Viavi Solutions (VIAVResearch Report) with bullish sentiments.

Synaptics (SYNA)

Mizuho Securities analyst Vijay Rakesh maintained a Buy rating on Synaptics yesterday and set a price target of $160.00. The company’s shares closed last Thursday at $82.54.

According to TipRanks.com, Rakesh is a 5-star analyst with an average return of 15.8% and a 51.6% success rate. Rakesh covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and Allegro MicroSystems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Synaptics with a $141.11 average price target, a 66.2% upside from current levels. In a report issued on October 24, Susquehanna also maintained a Buy rating on the stock with a $125.00 price target.

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

Viavi Solutions (VIAV)

Rosenblatt Securities analyst Michael Genovese maintained a Buy rating on Viavi Solutions yesterday and set a price target of $16.00. The company’s shares closed last Thursday at $14.31.

According to TipRanks.com, Genovese is a 5-star analyst with an average return of 11.3% and a 57.1% success rate. Genovese covers the Technology sector, focusing on stocks such as Extreme Networks, Juniper Networks, and Arista Networks.

Currently, the analyst consensus on Viavi Solutions is a Moderate Buy with an average price target of $16.50.

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