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Analysts Have Conflicting Sentiments on These Technology Companies: TE Connectivity (TEL), Seagate Tech (STX) and AT&T (T)

Analysts have been eager to weigh in on the Technology sector with new ratings on TE Connectivity (TELResearch Report), Seagate Tech (STXResearch Report) and AT&T (TResearch Report).

TE Connectivity (TEL)

In a report issued on July 21, Amit Daryanani from Evercore ISI maintained a Buy rating on TE Connectivity, with a price target of $145.00. The company’s shares closed last Friday at $123.05.

According to TipRanks.com, Daryanani is a 3-star analyst with an average return of 2.3% and a 41.7% success rate. Daryanani covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Resideo Technologies.

Currently, the analyst consensus on TE Connectivity is a Moderate Buy with an average price target of $142.30, a 13.7% upside from current levels. In a report issued on July 6, Robert W. Baird also maintained a Buy rating on the stock with a $135.00 price target.

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Seagate Tech (STX)

Evercore ISI analyst C J Muse maintained a Hold rating on Seagate Tech on July 21 and set a price target of $85.00. The company’s shares closed last Friday at $76.83.

According to TipRanks.com, Muse is a 5-star analyst with an average return of 16.3% and a 59.0% success rate. Muse covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Universal Display, and Texas Instruments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Seagate Tech with a $85.39 average price target, implying a 13.9% upside from current levels. In a report issued on July 21, Summit Redstone Partners also downgraded the stock to Hold.

AT&T (T)

In a report issued on July 22, Vijay Jayant from Evercore ISI maintained a Hold rating on AT&T, with a price target of $22.00. The company’s shares closed last Friday at $18.40, close to its 52-week low of $18.24.

According to TipRanks.com, Jayant is a 2-star analyst with an average return of 0.5% and a 50.7% success rate. Jayant covers the Services sector, focusing on stocks such as Liberty Media Liberty SiriusXM, Endeavor Group Holdings Inc, and Live Nation Entertainment.

AT&T has an analyst consensus of Moderate Buy, with a price target consensus of $23.30, a 24.9% upside from current levels. In a report issued on July 22, Barclays also downgraded the stock to Hold with a $20.00 price target.

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