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Analysts Offer Insights on Technology Companies: KLA (KLAC), Garmin (GRMN) and Avnet (AVT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on KLA (KLACResearch Report), Garmin (GRMNResearch Report) and Avnet (AVTResearch Report).

KLA (KLAC)

In a report issued on October 27, Harlan Sur from J.P. Morgan maintained a Buy rating on KLA, with a price target of $410.00. The company’s shares closed last Friday at $321.50.

According to TipRanks.com, Sur is a 5-star analyst with an average return of 15.1% and a 58.8% success rate. Sur covers the Technology sector, focusing on stocks such as Advanced Micro Devices, GlobalFoundries Inc, and Analog Devices.

KLA has an analyst consensus of Strong Buy, with a price target consensus of $371.18, a 19.5% upside from current levels. In a report issued on October 13, Deutsche Bank also maintained a Buy rating on the stock with a $370.00 price target.

See the top stocks recommended by analysts >>

Garmin (GRMN)

In a report issued on October 27, Paul J Chung from J.P. Morgan maintained a Buy rating on Garmin, with a price target of $108.00. The company’s shares closed last Friday at $88.49.

According to TipRanks.com, Chung is a 1-star analyst with an average return of -2.9% and a 44.2% success rate. Chung covers the Technology sector, focusing on stocks such as Resideo Technologies, Motorola Solutions, and Axon Enterprise.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Garmin with a $112.60 average price target.

Avnet (AVT)

In a report issued on October 27, Joseph Cardoso from J.P. Morgan maintained a Sell rating on Avnet, with a price target of $45.00. The company’s shares closed last Friday at $40.08.

According to TipRanks.com, Cardoso is ranked #4290 out of 8018 analysts.

Currently, the analyst consensus on Avnet is a Moderate Sell with an average price target of $42.60.

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Read More on KLAC:

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