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Analysts Conflicted on These Technology Names: Meta Platforms (META), Lam Research (LRCX) and Upwork (UPWK)

Analysts have been eager to weigh in on the Technology sector with new ratings on Meta Platforms (METAResearch Report), Lam Research (LRCXResearch Report) and Upwork (UPWKResearch Report).

Meta Platforms (META)

In a report released today, Barton Crockett from Rosenblatt Securities maintained a Hold rating on Meta Platforms, with a price target of $156.00. The company’s shares closed last Wednesday at $169.58, close to its 52-week low of $154.25.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 4.2% and a 52.8% success rate. Crockett covers the Services sector, focusing on stocks such as Liberty Media Liberty Formula One, Lions Gate Entertainment Class B, and Live Nation Entertainment.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Meta Platforms with a $237.23 average price target, which is a 45.9% upside from current levels. In a report issued on July 21, J.P. Morgan also maintained a Hold rating on the stock with a $225.00 price target.

See the top stocks recommended by analysts >>

Lam Research (LRCX)

In a report released today, Quinn Bolton from Needham maintained a Hold rating on Lam Research. The company’s shares closed last Wednesday at $467.66.

According to TipRanks.com, Bolton is a top 25 analyst with an average return of 44.6% and a 72.3% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Rockley Photonics Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lam Research with a $560.14 average price target, implying a 23.3% upside from current levels. In a report issued on July 15, Wells Fargo also maintained a Hold rating on the stock with a $460.00 price target.

Upwork (UPWK)

In a report released today, Bernie McTernan from Needham maintained a Buy rating on Upwork, with a price target of $27.00. The company’s shares closed last Wednesday at $23.14.

According to TipRanks.com, McTernan has 0 stars on 0-5 stars ranking scale with an average return of -20.6% and a 29.8% success rate. McTernan covers the Services sector, focusing on stocks such as Rush Street Interactive, Penn National Gaming, and Peloton Interactive.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Upwork with a $26.88 average price target, which is a 17.7% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $33.00 price target.

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