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Analysts Offer Insights on Technology Companies: Logitech (LOGI) and Texas Instruments (TXN)

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Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Logitech (LOGIResearch Report) and Texas Instruments (TXNResearch Report).

Logitech (LOGI)

Wedbush analyst Michael Pachter reiterated a Hold rating on Logitech today and set a price target of $90.00. The company’s shares closed last Tuesday at $77.78, close to its 52-week low of $71.11.

According to TipRanks.com, Pachter is a 3-star analyst with an average return of 1.6% and a 48.7% success rate. Pachter covers the Technology sector, focusing on stocks such as Playtika Holding, Unity Software, and Corsair Gaming.

Currently, the analyst consensus on Logitech is a Moderate Buy with an average price target of $97.88, a 25.8% upside from current levels. In a report released today, Loop Capital Markets also maintained a Hold rating on the stock with a $80.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Texas Instruments (TXN)

Jefferies analyst Mark Lipacis maintained a Buy rating on Texas Instruments today and set a price target of $220.00. The company’s shares closed last Tuesday at $173.96.

According to TipRanks.com, Lipacis is a top 25 analyst with an average return of 31.5% and a 72.6% success rate. Lipacis covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and GlobalFoundries Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Texas Instruments with a $206.94 average price target, which is a 19.0% upside from current levels. In a report issued on January 12, Rosenblatt Securities also maintained a Buy rating on the stock with a $230.00 price target.

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