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Analysts’ Top Technology Picks: Advanced Micro Devices (AMD), Adyen (ADYYF)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Advanced Micro Devices (AMDResearch Report) and Adyen (ADYYFResearch Report) with bullish sentiments.

Advanced Micro Devices (AMD)

In a report released today, Vijay Rakesh from Mizuho Securities reiterated a Buy rating on Advanced Micro Devices, with a price target of $145.00. The company’s shares closed last Thursday at $98.80.

According to TipRanks.com, Rakesh is a top 100 analyst with an average return of 22.4% and a 59.6% success rate. Rakesh covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Allegro MicroSystems, and Skyworks Solutions.

Advanced Micro Devices has an analyst consensus of Moderate Buy, with a price target consensus of $138.10, implying a 36.0% upside from current levels. In a report released today, Benchmark Co. also reiterated a Buy rating on the stock with a $135.00 price target.

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

Adyen (ADYYF)

In a report released yesterday, Hannes Leitner from UBS maintained a Buy rating on Adyen, with a price target of EUR2568.00. The company’s shares closed last Thursday at $1500.00, close to its 52-week low of $1330.35.

Leitner has an average return of 48.6% when recommending Adyen.

According to TipRanks.com, Leitner is ranked #778 out of 7936 analysts.

Adyen has an analyst consensus of Strong Buy, with a price target consensus of $2751.64, implying a 78.4% upside from current levels. In a report issued on June 8, J.P. Morgan also maintained a Buy rating on the stock with a EUR2220.00 price target.

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Read More on AMD:

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