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Analysts Offer Insights on Technology Companies: AT&T (T), Envestnet (ENV) and Lockheed Martin (LMT)

Analysts have been eager to weigh in on the Technology sector with new ratings on AT&T (TResearch Report), Envestnet (ENVResearch Report) and Lockheed Martin (LMTResearch Report).

AT&T (T)

In a report released today, Philip Cusick from J.P. Morgan maintained a Buy rating on AT&T, with a price target of $23.00. The company’s shares closed last Thursday at $18.92, close to its 52-week low of $18.24.

According to TipRanks.com, Cusick is a 4-star analyst with an average return of 5.6% and a 58.3% success rate. Cusick covers the Technology sector, focusing on stocks such as Telephone & Data Systems, United States Cellular, and T Mobile US.

AT&T has an analyst consensus of Moderate Buy, with a price target consensus of $23.35, representing a 22.6% upside. In a report issued on July 7, Raymond James also maintained a Buy rating on the stock with a $26.00 price target.

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Envestnet (ENV)

In a report released yesterday, Ken Worthington from J.P. Morgan maintained a Hold rating on Envestnet, with a price target of $70.00. The company’s shares closed last Thursday at $54.89, close to its 52-week low of $49.08.

According to TipRanks.com, Worthington is a 2-star analyst with an average return of 0.4% and a 49.3% success rate. Worthington covers the Financial sector, focusing on stocks such as AssetMark Financial Holdings, Victory Capital Holdings, and Janus Henderson Group.

Envestnet has an analyst consensus of Moderate Buy, with a price target consensus of $75.57.

Lockheed Martin (LMT)

J.P. Morgan analyst Seth Seifman maintained a Hold rating on Lockheed Martin yesterday and set a price target of $430.00. The company’s shares closed last Thursday at $395.20.

According to TipRanks.com, Seifman is a 4-star analyst with an average return of 7.1% and a 66.7% success rate. Seifman covers the Technology sector, focusing on stocks such as Raytheon Technologies, L3Harris Technologies, and Caci International.

Lockheed Martin has an analyst consensus of Moderate Buy, with a price target consensus of $478.67, which is a 21.4% upside from current levels. In a report issued on July 6, Bank of America Securities also reiterated a Hold rating on the stock with a $500.00 price target.

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