There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Advanced Micro Devices (AMD – Research Report), Alphabet Class A (GOOGL – Research Report) and DigitalOcean Holdings (DOCN – Research Report) with bullish sentiments.
Advanced Micro Devices (AMD)
In a report released today, Joseph Moore from Morgan Stanley maintained a Buy rating on Advanced Micro Devices, with a price target of $77.00. The company’s shares closed last Friday at $75.40.
According to TipRanks.com, Moore is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Advanced Micro Devices with a $85.09 average price target, a 15.5% upside from current levels. In a report issued on January 16, Mizuho Securities also reiterated a Buy rating on the stock with a $95.00 price target.
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Alphabet Class A (GOOGL)
In a report released yesterday, Mark Mahaney from Evercore ISI maintained a Buy rating on Alphabet Class A, with a price target of $120.00. The company’s shares closed last Friday at $99.37.
According to TipRanks.com, Mahaney is a top 100 analyst with an average return of
Currently, the analyst consensus on Alphabet Class A is a Strong Buy with an average price target of $126.95, which is a 30.5% upside from current levels. In a report issued on January 25, Mizuho Securities also maintained a Buy rating on the stock with a $135.00 price target.
DigitalOcean Holdings (DOCN)
In a report released today, Mike Cikos from Needham maintained a Buy rating on DigitalOcean Holdings, with a price target of $36.00. The company’s shares closed last Friday at $29.64, close to its 52-week low of $23.38.
According to TipRanks.com, Cikos is a 1-star analyst with an average return of
Currently, the analyst consensus on DigitalOcean Holdings is a Moderate Buy with an average price target of $36.17.
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