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Analysts Offer Insights on Technology Companies: AeroVironment (AVAV) and Lumen Technologies (LUMN)

Analysts have been eager to weigh in on the Technology sector with new ratings on AeroVironment (AVAVResearch Report) and Lumen Technologies (LUMNResearch Report).

AeroVironment (AVAV)

In a report issued on June 28, Kenneth Herbert from RBC Capital maintained a Buy rating on AeroVironment, with a price target of $100.00. The company’s shares closed last Thursday at $82.20.

According to TipRanks.com, Herbert is a 5-star analyst with an average return of 17.8% and a 59.0% success rate. Herbert covers the Technology sector, focusing on stocks such as Raytheon Technologies, Spirit AeroSystems, and Maxar Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AeroVironment with a $95.00 average price target, a 24.4% upside from current levels. In a report issued on June 29, Canaccord Genuity also maintained a Buy rating on the stock with a $90.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Lumen Technologies (LUMN)

In a report issued on June 29, Bora Lee from RBC Capital maintained a Hold rating on Lumen Technologies, with a price target of $10.00. The company’s shares closed last Thursday at $10.91.

According to TipRanks.com, Lee is ranked #6728 out of 7904 analysts.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Lumen Technologies with a $10.67 average price target.

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