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Analysts Offer Insights on Technology Companies: Alphabet Class A (GOOGL), Qualcomm (QCOM) and Synaptics (SYNA)

Analysts have been eager to weigh in on the Technology sector with new ratings on Alphabet Class A (GOOGLResearch Report), Qualcomm (QCOMResearch Report) and Synaptics (SYNAResearch Report).

Alphabet Class A (GOOGL)

RBC Capital analyst Brad Erickson maintained a Buy rating on Alphabet Class A today and set a price target of $130.00. The company’s shares closed last Thursday at $107.74.

According to TipRanks.com, Erickson is a 5-star analyst with an average return of 15.0% and a 47.8% success rate. Erickson covers the Technology sector, focusing on stocks such as Fiverr International, Meta Platforms, and Squarespace.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alphabet Class A with a $128.63 average price target, implying a 21.6% upside from current levels. In a report issued on January 24, Evercore ISI also maintained a Buy rating on the stock with a $120.00 price target.

See the top stocks recommended by analysts >>

Qualcomm (QCOM)

In a report released today, Christopher Rolland from Susquehanna reiterated a Hold rating on Qualcomm, with a price target of $130.00. The company’s shares closed last Thursday at $135.85.

According to TipRanks.com, Rolland is a top 25 analyst with an average return of 20.8% and a 71.6% success rate. Rolland covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Advanced Micro Devices, and Lattice Semiconductor.

Qualcomm has an analyst consensus of Moderate Buy, with a price target consensus of $146.56.

Synaptics (SYNA)

Needham analyst Rajvindra Gill maintained a Buy rating on Synaptics today and set a price target of $165.00. The company’s shares closed last Thursday at $139.84.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 11.2% and a 62.9% success rate. Gill covers the Technology sector, focusing on stocks such as Mobileye Global, Inc. Class A, Sequans Communications S A, and Everspin Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Synaptics with a $145.00 average price target, representing a 6.8% upside. In a report released yesterday, Mizuho Securities also maintained a Buy rating on the stock with a $155.00 price target.

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