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Analysts’ Opinions Are Mixed on These Technology Stocks: AT&T (T) and Microsoft (MSFT)

Analysts have been eager to weigh in on the Technology sector with new ratings on AT&T (TResearch Report) and Microsoft (MSFTResearch Report).

AT&T (T)

Wells Fargo analyst Eric Luebchow maintained a Hold rating on AT&T today and set a price target of $23.00. The company’s shares closed last Thursday at $20.87.

According to TipRanks.com, Luebchow is a 3-star analyst with an average return of 4.6% and a 55.0% success rate. Luebchow covers the Financial sector, focusing on stocks such as SBA Communications, Digital Realty, and Iron Mountain.

AT&T has an analyst consensus of Moderate Buy, with a price target consensus of $23.50, implying a 12.5% upside from current levels. In a report issued on June 28, Scotiabank also initiated coverage with a Hold rating on the stock with a $22.50 price target.

See Insiders’ Hot Stocks on TipRanks >>

Microsoft (MSFT)

Piper Sandler analyst Brent Bracelin maintained a Buy rating on Microsoft today and set a price target of $312.00. The company’s shares closed last Thursday at $268.40.

According to TipRanks.com, Bracelin is a 5-star analyst with an average return of 10.8% and a 51.3% success rate. Bracelin covers the Technology sector, focusing on stocks such as Qualtrics International, ZoomInfo Technologies, and Procore Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $350.16 average price target, representing a 32.1% upside. In a report issued on July 1, Jefferies also maintained a Buy rating on the stock with a $320.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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