There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Cirrus Logic (CRUS – Research Report) and Rambus (RMBS – Research Report) with bullish sentiments.
Cirrus Logic (CRUS)
In a report released today, Rajvindra Gill from Needham maintained a Buy rating on Cirrus Logic, with a price target of $110.00. The company’s shares closed last Thursday at $94.89.
According to TipRanks.com, Gill is a 5-star analyst with an average return of
Cirrus Logic has an analyst consensus of Strong Buy, with a price target consensus of $108.33, which is a 16.9% upside from current levels. In a report issued on January 23, Barclays also maintained a Buy rating on the stock with a $95.00 price target.
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Rambus (RMBS)
In a report released today, Mehdi Hosseini from Susquehanna reiterated a Buy rating on Rambus, with a price target of $60.00. The company’s shares closed last Thursday at $44.34.
According to TipRanks.com, Hosseini is a 5-star analyst with an average return of
Rambus has an analyst consensus of Strong Buy, with a price target consensus of $50.00, representing a 15.6% upside. In a report issued on January 30, Deutsche Bank also maintained a Buy rating on the stock with a $45.00 price target.
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