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Analysts Are Bullish on Top Technology Stocks: Amphenol (APH), Flex (FLEX)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Amphenol (APHResearch Report), Flex (FLEXResearch Report) and General Dynamics (GDResearch Report) with bullish sentiments.

Amphenol (APH)

In a report released yesterday, Samik Chatterjee from J.P. Morgan maintained a Buy rating on Amphenol, with a price target of $86.00. The company’s shares closed last Thursday at $76.71.

According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of 13.0% and a 54.5% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

Currently, the analyst consensus on Amphenol is a Moderate Buy with an average price target of $80.11, representing a 6.9% upside. In a report issued on July 18, Bank of America Securities also maintained a Buy rating on the stock with a $80.00 price target.

See the top stocks recommended by analysts >>

Flex (FLEX)

J.P. Morgan analyst Paul J Chung maintained a Buy rating on Flex yesterday and set a price target of $23.00. The company’s shares closed last Thursday at $16.41.

According to TipRanks.com, Chung is a 1-star analyst with an average return of -4.2% and a 39.3% success rate. Chung covers the Technology sector, focusing on stocks such as Resideo Technologies, Dolby Laboratories, and Motorola Solutions.

Currently, the analyst consensus on Flex is a Strong Buy with an average price target of $22.75.

General Dynamics (GD)

In a report issued on July 27, Seth Seifman from J.P. Morgan maintained a Buy rating on General Dynamics, with a price target of $263.00. The company’s shares closed last Thursday at $223.80.

According to TipRanks.com, Seifman is a 4-star analyst with an average return of 7.1% and a 68.5% success rate. Seifman covers the Technology sector, focusing on stocks such as L3Harris Technologies, Raytheon Technologies, and Caci International.

General Dynamics has an analyst consensus of Moderate Buy, with a price target consensus of $254.20, which is a 16.1% upside from current levels. In a report issued on July 13, Robert W. Baird also maintained a Buy rating on the stock with a $290.00 price target.

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