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Analysts Are Bullish on Top Technology Stocks: AT&T (T), Alphabet Class A (GOOGL)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AT&T (TResearch Report), Alphabet Class A (GOOGLResearch Report) and Teledyne Technologies (TDYResearch Report) with bullish sentiments.

AT&T (T)

In a report issued on January 25, David Barden from Bank of America Securities maintained a Buy rating on AT&T, with a price target of $25.00. The company’s shares closed last Friday at $19.95.

Barden has an average return of 4.3% when recommending AT&T.

According to TipRanks.com, Barden is ranked #3667 out of 8305 analysts.

Currently, the analyst consensus on AT&T is a Moderate Buy with an average price target of $21.82, a 9.4% upside from current levels. In a report issued on January 24, Citigroup also maintained a Buy rating on the stock with a $22.00 price target.

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Alphabet Class A (GOOGL)

Bank of America Securities analyst Justin Post maintained a Buy rating on Alphabet Class A on January 25 and set a price target of $116.00. The company’s shares closed last Friday at $99.37.

Post has an average return of 20.8% when recommending Alphabet Class A.

According to TipRanks.com, Post is ranked #58 out of 8305 analysts.

Alphabet Class A has an analyst consensus of Strong Buy, with a price target consensus of $126.45, representing a 29.9% upside. In a report issued on January 12, DBS also maintained a Buy rating on the stock with a $136.00 price target.

Teledyne Technologies (TDY)

In a report issued on January 25, Ronald Epstein from Bank of America Securities maintained a Buy rating on Teledyne Technologies, with a price target of $467.00. The company’s shares closed last Friday at $422.32.

According to TipRanks.com, Epstein is a 3-star analyst with an average return of 1.6% and a 55.7% success rate. Epstein covers the Technology sector, focusing on stocks such as Virgin Galactic Holdings, L3Harris Technologies, and Spirit AeroSystems.

Teledyne Technologies has an analyst consensus of Strong Buy, with a price target consensus of $489.00, implying a 16.0% upside from current levels. In a report issued on January 26, Needham also reiterated a Buy rating on the stock with a $498.00 price target.

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