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Analysts Offer Insights on Technology Companies: Advanced Micro Devices (AMD), OneSpan (OSPN) and RingCentral (RNG)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Advanced Micro Devices (AMDResearch Report), OneSpan (OSPNResearch Report) and RingCentral (RNGResearch Report).

Advanced Micro Devices (AMD)

In a report released yesterday, Hans Mosesmann from Rosenblatt Securities reiterated a Buy rating on Advanced Micro Devices, with a price target of $200.00. The company’s shares closed last Tuesday at $99.29.

According to TipRanks.com, Mosesmann is a top 25 analyst with an average return of 31.3% and a 68.6% success rate. Mosesmann covers the Technology sector, focusing on stocks such as Lattice Semiconductor, Texas Instruments, and Monolithic Power.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Advanced Micro Devices with a $126.91 average price target, a 32.6% upside from current levels. In a report issued on July 19, Wells Fargo also maintained a Buy rating on the stock with a $130.00 price target.

See today’s best-performing stocks on TipRanks >>

OneSpan (OSPN)

BTIG analyst Gray Powell maintained a Hold rating on OneSpan yesterday. The company’s shares closed last Tuesday at $11.20, close to its 52-week low of $10.48.

According to TipRanks.com, Powell is a 4-star analyst with an average return of 7.5% and a 53.1% success rate. Powell covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks.

OneSpan has an analyst consensus of Hold.

RingCentral (RNG)

In a report issued on August 1, Matthew VanVliet from BTIG reiterated a Buy rating on RingCentral, with a price target of $120.00. The company’s shares closed last Tuesday at $49.70, close to its 52-week low of $47.28.

According to TipRanks.com, VanVliet has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -11.7% and a 33.3% success rate. VanVliet covers the Technology sector, focusing on stocks such as Zoom Video Communications, Instructure Holdings, and Tyler Technologies.

Currently, the analyst consensus on RingCentral is a Strong Buy with an average price target of $108.83, representing a 126.2% upside. In a report issued on July 19, Evercore ISI also maintained a Buy rating on the stock with a $90.00 price target.

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Read More on AMD:

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