There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Baidu (BIDU – Research Report), National Instruments (NATI – Research Report) and Telefonaktiebolaget LM Ericsson (ERIC – Research Report) with bullish sentiments.
Goldman Sachs analyst Lincoln Kong maintained a Buy rating on Baidu today and set a price target of $188.00. The company’s shares closed last Tuesday at $129.90.
According to TipRanks.com, Kong is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Baidu with a $153.74 average price target, implying a 13.5% upside from current levels. In a report released today, Jefferies also maintained a Buy rating on the stock with a $210.00 price target.
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National Instruments (NATI)
Morgan Stanley analyst Meta Marshall reiterated a Buy rating on National Instruments today and set a price target of $52.00. The company’s shares closed last Tuesday at $52.91.
According to TipRanks.com, Marshall is a 4-star analyst with an average return of
National Instruments has an analyst consensus of Moderate Buy, with a price target consensus of $47.71, representing a -12.2% downside. In a report issued on January 13, Robert W. Baird also maintained a Buy rating on the stock with a $46.00 price target.
Telefonaktiebolaget LM Ericsson (ERIC)
Cowen & Co. analyst Paul Silverstein maintained a Buy rating on Telefonaktiebolaget LM Ericsson today and set a price target of $10.00. The company’s shares closed last Tuesday at $6.02, close to its 52-week low of $5.16.
According to TipRanks.com, Silverstein is a 5-star analyst with an average return of
Currently, the analyst consensus on Telefonaktiebolaget LM Ericsson is a Moderate Buy with an average price target of $9.09.
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