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Analysts Offer Insights on Technology Companies: Twilio (TWLO) and Synaptics (SYNA)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Twilio (TWLOResearch Report) and Synaptics (SYNAResearch Report) with bullish sentiments.

Twilio (TWLO)

In a report released yesterday, Siti Panigrahi from Mizuho Securities maintained a Buy rating on Twilio, with a price target of $300.00. The company’s shares closed last Thursday at $116.73, close to its 52-week low of $105.56.

According to TipRanks.com, Panigrahi is a 1-star analyst with an average return of -3.3% and a 43.9% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Ceridian HCM Holding.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Twilio with a $249.69 average price target, representing a 104.4% upside. In a report issued on April 20, Oppenheimer also maintained a Buy rating on the stock with a $380.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Synaptics (SYNA)

In a report released yesterday, Vijay Rakesh from Mizuho Securities maintained a Buy rating on Synaptics, with a price target of $225.00. The company’s shares closed last Thursday at $160.96.

According to TipRanks.com, Rakesh is a top 100 analyst with an average return of 24.1% and a 63.6% success rate. Rakesh covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and Allegro MicroSystems.

Currently, the analyst consensus on Synaptics is a Strong Buy with an average price target of $264.29, representing a 58.2% upside. In a report released yesterday, Rosenblatt Securities also maintained a Buy rating on the stock with a $320.00 price target.

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