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Analysts Offer Insights on Technology Companies: Boeing (BA), Meta Platforms (FB) and Formfactor (FORM)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Boeing (BAResearch Report), Meta Platforms (FBResearch Report) and Formfactor (FORMResearch Report) with bullish sentiments.

Boeing (BA)

UBS analyst Myles Walton maintained a Buy rating on Boeing today and set a price target of $263.00. The company’s shares closed last Wednesday at $154.46, close to its 52-week low of $146.00.

According to TipRanks.com, Walton is a 5-star analyst with an average return of 11.0% and a 63.6% success rate. Walton covers the Technology sector, focusing on stocks such as Virgin Galactic Holdings, L3Harris Technologies, and Huntington Ingalls.

Currently, the analyst consensus on Boeing is a Strong Buy with an average price target of $234.59, implying a 45.5% upside from current levels. In a report issued on April 22, Benchmark Co. also maintained a Buy rating on the stock with a $250.00 price target.

See the top stocks recommended by analysts >>

Meta Platforms (FB)

Wells Fargo analyst Brian Fitzgerald maintained a Buy rating on Meta Platforms today and set a price target of $325.00. The company’s shares closed last Wednesday at $174.95, close to its 52-week low of $169.00.

According to TipRanks.com, Fitzgerald is a top 100 analyst with an average return of 23.3% and a 59.5% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as Integral Ad Science, LiveRamp Holdings, and Uber Technologies.

Currently, the analyst consensus on Meta Platforms is a Moderate Buy with an average price target of $303.69, representing a 74.1% upside. In a report issued on April 13, Oppenheimer also maintained a Buy rating on the stock with a $305.00 price target.

Formfactor (FORM)

Needham analyst Charles Shi reiterated a Buy rating on Formfactor today and set a price target of $54.00. The company’s shares closed last Wednesday at $35.92.

According to TipRanks.com, Shi ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -10.1% and a 13.2% success rate. Shi covers the Technology sector, focusing on stocks such as Cadence Design, Taiwan Semi, and Synopsys.

Currently, the analyst consensus on Formfactor is a Strong Buy with an average price target of $50.20, which is a 42.0% upside from current levels. In a report issued on April 25, Stifel Nicolaus also maintained a Buy rating on the stock with a $47.00 price target.

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