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Analysts’ Top Technology Picks: Advanced Micro Devices (AMD), Alphabet Class A (GOOGL)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Advanced Micro Devices (AMDResearch Report), Alphabet Class A (GOOGLResearch Report) and TTEC Holdings (TTECResearch Report) with bullish sentiments.

Advanced Micro Devices (AMD)

In a report released today, Ambrish Srivastava from BMO Capital reiterated a Buy rating on Advanced Micro Devices, with a price target of $115.00. The company’s shares closed last Tuesday at $99.29.

According to TipRanks.com, Srivastava is a 5-star analyst with an average return of 11.6% and a 67.5% success rate. Srivastava covers the Technology sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and Texas Instruments.

Currently, the analyst consensus on Advanced Micro Devices is a Moderate Buy with an average price target of $123.92, implying a 24.8% upside from current levels. In a report issued on July 19, Wells Fargo also maintained a Buy rating on the stock with a $130.00 price target.

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

Alphabet Class A (GOOGL)

Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Alphabet Class A today and set a price target of $186.00. The company’s shares closed last Tuesday at $115.13.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 13.0% and a 61.8% success rate. Feinseth covers the Technology sector, focusing on stocks such as Meta Platforms, Cisco Systems, and T Mobile US.

Alphabet Class A has an analyst consensus of Strong Buy, with a price target consensus of $141.28, which is a 22.7% upside from current levels. In a report issued on July 19, Credit Suisse also maintained a Buy rating on the stock with a $143.00 price target.

TTEC Holdings (TTEC)

In a report released today, Vincent Colicchio from Barrington assigned a Buy rating to TTEC Holdings, with a price target of $100.00. The company’s shares closed last Tuesday at $74.49.

According to TipRanks.com, Colicchio is a 5-star analyst with an average return of 13.4% and a 60.4% success rate. Colicchio covers the Technology sector, focusing on stocks such as TD SYNNEX Corporation, Insight Enterprises, and Exlservice Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TTEC Holdings with a $86.40 average price target.

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