tiprankstipranks
Blurbs

Analysts’ Top Technology Picks: Advanced Micro Devices (AMD), Smartsheet (SMAR)

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 Smartsheet (SMARResearch Report) with bullish sentiments.

Advanced Micro Devices (AMD)

Wells Fargo analyst Aaron Rakers maintained a Buy rating on Advanced Micro Devices today and set a price target of $180.00. The company’s shares closed last Tuesday at $134.16.

According to TipRanks.com, Rakers is a top 100 analyst with an average return of 29.3% and a 75.8% success rate. Rakers covers the Technology sector, focusing on stocks such as Dell Technologies, Western Digital, and Arista Networks.

Currently, the analyst consensus on Advanced Micro Devices is a Moderate Buy with an average price target of $143.71, a 7.7% upside from current levels. In a report released yesterday, KeyBanc also upgraded the stock to Buy with a $155.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Smartsheet (SMAR)

Wells Fargo analyst Michael Turrin maintained a Buy rating on Smartsheet yesterday and set a price target of $95.00. The company’s shares closed last Tuesday at $61.06.

According to TipRanks.com, Turrin ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.5% and a 27.2% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and ZoomInfo Technologies.

Smartsheet has an analyst consensus of Strong Buy, with a price target consensus of $91.45, which is a 51.9% upside from current levels. In a report issued on January 4, D.A. Davidson also initiated coverage with a Buy rating on the stock with a $100.00 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.

Read More on AMD:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed