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Analysts Conflicted on These Technology Names: Check Point (CHKP) and NXP Semiconductors (NXPI)

Analysts have been eager to weigh in on the Technology sector with new ratings on Check Point (CHKPResearch Report) and NXP Semiconductors (NXPIResearch Report).

Check Point (CHKP)

BMO Capital analyst Keith Bachman maintained a Buy rating on Check Point today and set a price target of $155.00. The company’s shares closed last Wednesday at $124.52.

According to TipRanks.com, Bachman is a 4-star analyst with an average return of 5.3% and a 51.9% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, TELUS International (CDA), and Qualtrics International.

The word on The Street in general, suggests a Hold analyst consensus rating for Check Point with a $138.21 average price target, implying an 11.5% upside from current levels. In a report issued on July 20, Bank of America Securities also upgraded the stock to Buy with a $140.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

NXP Semiconductors (NXPI)

BMO Capital analyst Ambrish Srivastava maintained a Hold rating on NXP Semiconductors today and set a price target of $160.00. The company’s shares closed last Wednesday at $179.09.

According to TipRanks.com, Srivastava is a 5-star analyst with an average return of 10.3% and a 64.5% success rate. Srivastava covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Skyworks Solutions, and Texas Instruments.

NXP Semiconductors has an analyst consensus of Moderate Buy, with a price target consensus of $193.84, representing a 9.2% upside. In a report issued on July 15, Goldman Sachs also maintained a Hold rating on the stock with a $150.00 price target.

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