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Analysts Offer Insights on Technology Companies: Advanced Micro Devices (AMD), First Solar (FSLR) and L3Harris Technologies (LHX)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Advanced Micro Devices (AMDResearch Report), First Solar (FSLRResearch Report) and L3Harris Technologies (LHXResearch Report).

Advanced Micro Devices (AMD)

Jefferies analyst Mark Lipacis maintained a Buy rating on Advanced Micro Devices yesterday. The company’s shares closed last Wednesday at $116.27.

According to TipRanks.com, Lipacis is a top 25 analyst with an average return of 31.8% and a 72.6% success rate. Lipacis covers the Technology sector, focusing on stocks such as Tower Semiconductor, NXP Semiconductors, and Texas Instruments.

Advanced Micro Devices has an analyst consensus of Moderate Buy, with a price target consensus of $154.24, implying a 33.6% upside from current levels. In a report issued on February 15, Bank of America Securities also reiterated a Buy rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

First Solar (FSLR)

In a report released today, Mark Strouse from J.P. Morgan maintained a Hold rating on First Solar, with a price target of $67.00. The company’s shares closed last Wednesday at $67.68, close to its 52-week low of $61.24.

According to TipRanks.com, Strouse is a 5-star analyst with an average return of 24.2% and a 56.8% success rate. Strouse covers the Technology sector, focusing on stocks such as Shoals Technologies Group, Array Technologies, and Fuelcell Energy.

First Solar has an analyst consensus of Hold, with a price target consensus of $85.58, representing a 30.0% upside. In a report released today, Needham also maintained a Hold rating on the stock.

L3Harris Technologies (LHX)

In a report released today, Kristine Liwag from Morgan Stanley maintained a Hold rating on L3Harris Technologies, with a price target of $276.00. The company’s shares closed last Wednesday at $249.71, close to its 52-week high of $261.98.

According to TipRanks.com, Liwag is a 3-star analyst with an average return of 2.0% and a 57.3% success rate. Liwag covers the Technology sector, focusing on stocks such as Virgin Galactic Holdings, Teledyne Technologies, and Raytheon Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for L3Harris Technologies with a $250.56 average price target, which is a -0.4% downside from current levels. In a report issued on February 28, UBS also maintained a Hold rating on the stock with a $250.00 price target.

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