tiprankstipranks
In this article:
Blurbs

Wall Street Analysts Are Bullish on Top Technology Picks

In this article:
In this article:

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Broadcom (AVGOResearch Report) and Avaya Holdings (AVYAResearch Report) with bullish sentiments.

Broadcom (AVGO)

Susquehanna analyst Christopher Rolland reiterated a Buy rating on Broadcom today and set a price target of $650.00. The company’s shares closed last Monday at $564.98, close to its 52-week high of $577.21.

According to TipRanks.com, Rolland is a top 25 analyst with an average return of 28.8% and a 76.4% success rate. Rolland covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Power Integrations.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Broadcom with a $632.00 average price target, an 11.9% upside from current levels. In a report issued on December 3, Oppenheimer also maintained a Buy rating on the stock with a $650.00 price target.

See the top stocks recommended by analysts >>

Avaya Holdings (AVYA)

Colliers Securities analyst Catharine Trebnick reiterated a Buy rating on Avaya Holdings today and set a price target of $35.00. The company’s shares closed last Monday at $19.38, close to its 52-week low of $17.11.

According to TipRanks.com, Trebnick is a 3-star analyst with an average return of 2.4% and a 43.1% success rate. Trebnick covers the Technology sector, focusing on stocks such as Tufin Software Technologies, Ping Identity Holding, and Palo Alto Networks.

Currently, the analyst consensus on Avaya Holdings is a Moderate Buy with an average price target of $29.00.

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 AVGO:

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

Latest News Feed

In this article:

Latest News Feed