Analysts Offer Insights on Technology Companies: Blucora (BCOR) and Skyworks Solutions (SWKS)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Blucora (BCORResearch Report) and Skyworks Solutions (SWKSResearch Report) with bullish sentiments.

Blucora (BCOR)

Barrington analyst Alexander Paris reiterated a Buy rating on Blucora today and set a price target of $23.00. The company’s shares closed last Friday at $18.02, close to its 52-week high of $18.83.

According to TipRanks.com, Paris is a 5-star analyst with an average return of 18.9% and a 55.6% success rate. Paris covers the Services sector, focusing on stocks such as American Public Education, Adtalem Global Education, and Grand Canyon Education.

Blucora has an analyst consensus of Moderate Buy, with a price target consensus of $23.00.

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Skyworks Solutions (SWKS)

Charter Equity analyst Edward F. Snyder maintained a Buy rating on Skyworks Solutions today. The company’s shares closed last Friday at $163.72.

According to TipRanks.com, Snyder is a 4-star analyst with an average return of 24.5% and a 68.8% success rate. Snyder covers the Technology sector, focusing on stocks such as Texas Instruments, Wolfspeed, and Broadcom.

Skyworks Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $210.11, which is a 24.9% upside from current levels. In a report released yesterday, Rosenblatt Securities also maintained a Buy rating on the stock with a $240.00 price target.

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