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Analysts’ Opinions Are Mixed on These Technology Stocks: Advanced Energy (AEIS), IPG Photonics (IPGP) and DZS (DZSI)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Advanced Energy (AEISResearch Report), IPG Photonics (IPGPResearch Report) and DZS (DZSIResearch Report).

Advanced Energy (AEIS)

Needham analyst Quinn Bolton maintained a Buy rating on Advanced Energy today and set a price target of $88.00. The company’s shares closed last Tuesday at $79.78.

According to TipRanks.com, Bolton is a top 25 analyst with an average return of 34.9% and a 64.3% success rate. Bolton covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Rockley Photonics Holdings, and Navitas Semiconductor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Advanced Energy with a $93.50 average price target, which is a 17.0% upside from current levels. In a report released today, Benchmark Co. also maintained a Buy rating on the stock with a $90.00 price target.

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

IPG Photonics (IPGP)

Needham analyst James Ricchiuti maintained a Hold rating on IPG Photonics today. The company’s shares closed last Tuesday at $85.48, close to its 52-week low of $79.88.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 14.7% and a 57.5% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Teledyne Technologies, and Faro Technologies.

Currently, the analyst consensus on IPG Photonics is a Moderate Buy with an average price target of $145.33, representing a 76.4% upside. In a report released yesterday, Raymond James also upgraded the stock to Hold.

DZS (DZSI)

In a report released today, Ryan Koontz from Needham maintained a Buy rating on DZS, with a price target of $19.00. The company’s shares closed last Tuesday at $15.16.

According to TipRanks.com, Koontz is a 4-star analyst with an average return of 6.3% and a 53.3% success rate. Koontz covers the Technology sector, focusing on stocks such as Zoom Video Communications, Otonomo Technologies, and Planet Labs PBC.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DZS with a $22.75 average price target, implying a 42.6% upside from current levels. In a report issued on October 19, Stifel Nicolaus also maintained a Buy rating on the stock with a $20.00 price target.

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