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Analysts Conflicted on These Technology Names: Advanced Micro Devices (AMD), Calix (CALX) and MongoDB (MDB)

Analysts have been eager to weigh in on the Technology sector with new ratings on Advanced Micro Devices (AMDResearch Report), Calix (CALXResearch Report) and MongoDB (MDBResearch Report).

Advanced Micro Devices (AMD)

Rosenblatt Securities analyst Hans Mosesmann maintained a Buy rating on Advanced Micro Devices yesterday and set a price target of $200.00. The company’s shares closed last Thursday at $98.80.

According to TipRanks.com, Mosesmann is a top 25 analyst with an average return of 31.4% and a 69.0% success rate. Mosesmann covers the Technology sector, focusing on stocks such as Lattice Semiconductor, Texas Instruments, and Monolithic Power.

Advanced Micro Devices has an analyst consensus of Moderate Buy, with a price target consensus of $137.60, representing a 35.5% upside. In a report issued on June 3, Bank of America Securities also maintained a Buy rating on the stock with a $160.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Calix (CALX)

Rosenblatt Securities analyst Michael Genovese reiterated a Buy rating on Calix yesterday and set a price target of $60.00. The company’s shares closed last Thursday at $36.86, close to its 52-week low of $32.56.

According to TipRanks.com, Genovese is a 5-star analyst with an average return of 10.7% and a 56.1% success rate. Genovese covers the Technology sector, focusing on stocks such as NeoPhotonics, Infinera, and Adtran.

Currently, the analyst consensus on Calix is a Strong Buy with an average price target of $59.38, which is a 56.3% upside from current levels. In a report issued on May 26, Barrington also reiterated a Buy rating on the stock with a $70.00 price target.

MongoDB (MDB)

In a report issued on June 8, Matthew Broome from Mizuho Securities reiterated a Hold rating on MongoDB, with a price target of $270.00. The company’s shares closed last Thursday at $290.38.

According to TipRanks.com, Broome is a 2-star analyst with an average return of 0.0% and a 40.8% success rate. Broome covers the Technology sector, focusing on stocks such as Procore Technologies, Bentley Systems, and Autodesk.

Currently, the analyst consensus on MongoDB is a Strong Buy with an average price target of $387.58, a 31.1% upside from current levels. In a report issued on June 2, JMP Securities also maintained a Hold rating on the stock.

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