Blurbs

Analysts Offer Insights on Technology Companies: Intel (INTC) and Plexus (PLXS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intel (INTCResearch Report) and Plexus (PLXSResearch Report).

Intel (INTC)

In a report released today, Cody Acree from Benchmark Co. reiterated a Hold rating on Intel. The company’s shares closed last Thursday at $30.09.

According to TipRanks.com, Acree is a 5-star analyst with an average return of 17.8% and a 65.6% success rate. Acree covers the Technology sector, focusing on stocks such as Advanced Micro Devices, indie Semiconductor, and Texas Instruments.

The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $29.15 average price target, representing a -3.0% downside. In a report issued on January 13, Oppenheimer also maintained a Hold rating on the stock.

See today’s best-performing stocks on TipRanks >>

Plexus (PLXS)

Benchmark Co. analyst David Williams maintained a Buy rating on Plexus today and set a price target of $110.00. The company’s shares closed last Thursday at $93.86.

According to TipRanks.com, Williams is a 4-star analyst with an average return of 9.1% and a 61.5% success rate. Williams covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Lattice Semiconductor, and Power Integrations.

Currently, the analyst consensus on Plexus is a Moderate Buy with an average price target of $109.80, implying a 2.0% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $108.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on INTC:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More