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Analysts Offer Insights on Technology Companies: Advanced Micro Devices (AMD), Guidewire (GWRE) and Yext (YEXT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Advanced Micro Devices (AMDResearch Report), Guidewire (GWREResearch Report) and Yext (YEXTResearch Report).

Advanced Micro Devices (AMD)

Susquehanna analyst Christopher Rolland reiterated a Buy rating on Advanced Micro Devices on March 7 and set a price target of $180.00. The company’s shares closed last Tuesday at $105.53.

According to TipRanks.com, Rolland is a top 25 analyst with an average return of 25.9% and a 74.3% success rate. Rolland covers the Technology sector, focusing on stocks such as Lattice Semiconductor, NXP Semiconductors, and Power Integrations.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Advanced Micro Devices with a $154.24 average price target, a 50.0% upside from current levels. In a report issued on March 1, Jefferies also maintained a Buy rating on the stock.

See the top stocks recommended by analysts >>

Guidewire (GWRE)

In a report released today, Mayank Tandon from Needham maintained a Hold rating on Guidewire. The company’s shares closed last Tuesday at $86.74, close to its 52-week low of $81.38.

According to TipRanks.com, Tandon is a 5-star analyst with an average return of 14.8% and a 51.7% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Bottomline Technologies, and Duck Creek Technologies.

Currently, the analyst consensus on Guidewire is a Hold with an average price target of $117.00, a 34.0% upside from current levels. In a report released yesterday, Citigroup also maintained a Hold rating on the stock with a $97.00 price target.

Yext (YEXT)

In a report released today, Ryan MacDonald from Needham downgraded Yext to Hold. The company’s shares closed last Tuesday at $5.92, close to its 52-week low of $5.73.

According to TipRanks.com, MacDonald is a 5-star analyst with an average return of 17.0% and a 50.5% success rate. MacDonald covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Momentive Global, and Verint Systems.

Yext has an analyst consensus of Hold, with a price target consensus of $6.00, representing a 1.2% upside. In a report released today, Truist Financial also downgraded the stock to Hold with a $6.00 price target.

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Read More on AMD:

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