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Analysts Conflicted on These Technology Names: Advanced Micro Devices (AMD), Ambarella (AMBA) and Taiwan Semi (TSM)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Advanced Micro Devices (AMDResearch Report), Ambarella (AMBAResearch Report) and Taiwan Semi (TSMResearch Report).

Advanced Micro Devices (AMD)

Jefferies analyst Mark Lipacis maintained a Buy rating on Advanced Micro Devices on January 12. The company’s shares closed last Wednesday at $110.71.

According to TipRanks.com, Lipacis is a top 25 analyst with an average return of 31.7% and a 73.0% success rate. Lipacis covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, GlobalFoundries Inc., and Tower Semiconductor.

Advanced Micro Devices has an analyst consensus of Moderate Buy, with a price target consensus of $155.73, a 35.9% upside from current levels. In a report issued on January 10, KeyBanc also upgraded the stock to Buy with a $155.00 price target.

See the top stocks recommended by analysts >>

Ambarella (AMBA)

In a report issued on January 13, Derek Soderberg from Colliers Securities maintained a Buy rating on Ambarella, with a price target of $245.00. The company’s shares closed last Wednesday at $133.31.

According to TipRanks.com, Soderberg is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.9% and a 33.8% success rate. Soderberg covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Lattice Semiconductor, and Sierra Wireless.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ambarella with a $223.14 average price target, a 61.0% upside from current levels. In a report issued on January 2, Rosenblatt Securities also maintained a Buy rating on the stock with a $250.00 price target.

Taiwan Semi (TSM)

In a report issued on January 13, Mehdi Hosseini from Susquehanna maintained a Hold rating on Taiwan Semi, with a price target of $135.00. The company’s shares closed last Wednesday at $123.08.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 11.7% and a 55.6% success rate. Hosseini covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

Currently, the analyst consensus on Taiwan Semi is a Moderate Buy with an average price target of $142.00, implying a 13.3% upside from current levels. In a report issued on January 11, Cowen & Co. also maintained a Hold rating on the stock with a $125.00 price target.

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