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Analysts’ Top Technology Picks: Azenta (AZTA), Micron (MU)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Azenta (AZTAResearch Report), Micron (MUResearch Report) and Oracle (ORCLResearch Report) with bullish sentiments.

Azenta (AZTA)

B.Riley Financial analyst Yuan Zhi initiated coverage with a Buy rating on Azenta today and set a price target of $106.00. The company’s shares closed last Wednesday at $87.97.

According to TipRanks.com, Zhi is ranked #7376 out of 7928 analysts.

Currently, the analyst consensus on Azenta is a Strong Buy with an average price target of $114.00, representing a 29.5% upside. In a report issued on March 21, Evercore ISI also initiated coverage with a Buy rating on the stock with a $100.00 price target.

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

Micron (MU)

In a report released today, Ambrish Srivastava from BMO Capital maintained a Buy rating on Micron, with a price target of $115.00. The company’s shares closed last Wednesday at $83.19.

According to TipRanks.com, Srivastava is a 5-star analyst with an average return of 16.2% and a 75.4% success rate. Srivastava covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Skyworks Solutions.

Currently, the analyst consensus on Micron is a Strong Buy with an average price target of $118.00, implying a 40.0% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $130.00 price target.

Oracle (ORCL)

In a report released today, Brian White from Monness maintained a Buy rating on Oracle, with a price target of $126.00. The company’s shares closed last Wednesday at $83.60.

According to TipRanks.com, White is a 5-star analyst with an average return of 18.7% and a 66.0% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Alphabet Class A, and Meta Platforms.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oracle with a $91.94 average price target.

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