There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AppLovin (APP – Research Report), Leidos Holdings (LDOS – Research Report) and Microchip (MCHP – Research Report) with bullish sentiments.
AppLovin (APP)
In a report released yesterday, David Pang from Stifel Nicolaus maintained a Buy rating on AppLovin, with a price target of $85.00. The company’s shares closed last Thursday at $72.47, close to its 52-week high of $79.55.
Pang has an average return of
According to TipRanks.com, Pang is ranked #870 out of 8802 analysts.
Currently, the analyst consensus on AppLovin is a Moderate Buy with an average price target of $74.71, which is a 4.8% upside from current levels. In a report released yesterday, Jefferies also initiated coverage with a Buy rating on the stock with a $93.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Leidos Holdings (LDOS)
Stifel Nicolaus analyst Bert Subin maintained a Buy rating on Leidos Holdings yesterday and set a price target of $160.00. The company’s shares closed last Thursday at $142.66, close to its 52-week high of $142.90.
According to TipRanks.com, Subin is a 4-star analyst with an average return of
Currently, the analyst consensus on Leidos Holdings is a Strong Buy with an average price target of $151.92, a 6.8% upside from current levels. In a report issued on April 30, Goldman Sachs also maintained a Buy rating on the stock with a $171.00 price target.
Microchip (MCHP)
Stifel Nicolaus analyst Tore Svanberg maintained a Buy rating on Microchip yesterday and set a price target of $102.00. The company’s shares closed last Thursday at $89.46.
According to TipRanks.com, Svanberg is a top 100 analyst with an average return of
Currently, the analyst consensus on Microchip is a Moderate Buy with an average price target of $95.86, representing a 6.5% upside. In a report issued on April 18, Morgan Stanley also maintained a Buy rating on the stock with a $93.00 price target.
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 APP:
