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Analysts Offer Insights on Technology Companies: Alphabet Class A (GOOGL), Juniper Networks (JNPR) and Monolithic Power (MPWR)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Alphabet Class A (GOOGLResearch Report), Juniper Networks (JNPRResearch Report) and Monolithic Power (MPWRResearch Report) with bullish sentiments.

Alphabet Class A (GOOGL)

In a report released today, Ross Sandler from Barclays maintained a Buy rating on Alphabet Class A, with a price target of $3200.00. The company’s shares closed last Tuesday at $2638.00, close to its 52-week high of $2687.98.

According to TipRanks.com, Sandler is a 5-star analyst with an average return of 16.9% and a 67.0% success rate. Sandler covers the Technology sector, focusing on stocks such as Spotify Technology SA, IAC/InterActive, and GoodRx Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alphabet Class A with a $3031.44 average price target, implying a 12.9% upside from current levels. In a report issued on July 20, Bank of America Securities also maintained a Buy rating on the stock with a $2755.00 price target.

See today’s analyst top recommended stocks >>

Juniper Networks (JNPR)

In a report released today, Simon Leopold from Raymond James maintained a Buy rating on Juniper Networks, with a price target of $30.00. The company’s shares closed last Tuesday at $27.64, close to its 52-week high of $29.08.

According to TipRanks.com, Leopold is a 4-star analyst with an average return of 9.5% and a 58.2% success rate. Leopold covers the Technology sector, focusing on stocks such as Telefonaktiebolaget LM Ericsson, Hewlett Packard Enterprise, and Applied Optoelectronics.

Currently, the analyst consensus on Juniper Networks is a Strong Buy with an average price target of $31.75, which is a 15.2% upside from current levels. In a report issued on July 14, Wolfe Research also upgraded the stock to Buy with a $34.00 price target.

Monolithic Power (MPWR)

In a report released today, Chris Caso from Raymond James maintained a Buy rating on Monolithic Power, with a price target of $440.00. The company’s shares closed last Tuesday at $407.26, close to its 52-week high of $417.31.

According to TipRanks.com, Caso is a 5-star analyst with an average return of 20.7% and a 61.8% success rate. Caso covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Skyworks Solutions, and SiTime Corporation.

Monolithic Power has an analyst consensus of Strong Buy, with a price target consensus of $459.17, representing an 11.6% upside. In a report issued on July 21, Oppenheimer also maintained a Buy rating on the stock with a $450.00 price target.

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