There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Taiwan Semi (TSM – Research Report) and Gitlab (GTLB – Research Report) with bullish sentiments.
Taiwan Semi (TSM)
Bank of America Securities analyst brad lin reiterated a Buy rating on Taiwan Semi yesterday and set a price target of $115.00. The company’s shares closed last Monday at $87.74.
lin has an average return of
According to TipRanks.com, lin is ranked #4908 out of 8348 analysts.
Currently, the analyst consensus on Taiwan Semi is a Moderate Buy with an average price target of $100.33, a 16.1% upside from current levels. In a report issued on March 10, Needham also reiterated a Buy rating on the stock with a $110.00 price target.
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Gitlab (GTLB)
In a report released today, Koji Ikeda from Bank of America Securities reiterated a Buy rating on Gitlab, with a price target of $50.00. The company’s shares closed last Monday at $44.60.
According to TipRanks.com, Ikeda is a 5-star analyst with an average return of
Currently, the analyst consensus on Gitlab is a Strong Buy with an average price target of $59.89, representing a 39.9% upside. In a report issued on March 6, RBC Capital also maintained a Buy rating on the stock with a $60.00 price target.
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