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Wall Street Analysts Are Bullish on Top Technology Picks

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Motorola Solutions (MSIResearch Report) and Robinhood Markets (HOODResearch Report) with bullish sentiments.

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Motorola Solutions (MSI)

In a report released today, Tim Long from Barclays maintained a Buy rating on Motorola Solutions, with a price target of $511.00. The company’s shares closed last Tuesday at $418.35.

According to TipRanks.com, Long is a 5-star analyst with an average return of 14.6% and a 64.3% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and TD SYNNEX Corporation.

Currently, the analyst consensus on Motorola Solutions is a Strong Buy with an average price target of $506.17.

See the top stocks recommended by analysts >>

Robinhood Markets (HOOD)

In a report released today, Benjamin Budish from Barclays maintained a Buy rating on Robinhood Markets, with a price target of $57.00. The company’s shares closed last Tuesday at $82.01.

According to TipRanks.com, Budish is a 5-star analyst with an average return of 17.2% and a 72.5% success rate. Budish covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Robinhood Markets with a $65.95 average price target, a -15.3% downside from current levels. In a report issued on June 11, Goldman Sachs also maintained a Buy rating on the stock with a $82.00 price target.

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