Analysts have been eager to weigh in on the Technology sector with new ratings on Audiocodes (AUDC) and Advanced Micro Devices (AMD).
Audiocodes (AUDC)
Barclays analyst Raimo Lenschow maintained a Hold rating on Audiocodes on January 11 and set a price target of $32.00. The company’s shares closed last Tuesday at $29.48.
According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 26.3% and a 74.7% success rate. Lenschow covers the Technology sector, focusing on stocks such as Nuance Communications, Cornerstone Ondemand, and BigCommerce Holdings.
Audiocodes has an analyst consensus of Moderate Buy, with a price target consensus of $37.00.
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Advanced Micro Devices (AMD)
In a report released yesterday, Hans Mosesmann from Rosenblatt Securities maintained a Buy rating on Advanced Micro Devices, with a price target of $120.00. The company’s shares closed last Tuesday at $95.36, close to its 52-week high of $99.23.
According to TipRanks.com, Mosesmann is a top 100 analyst with an average return of 26.8% and a 70.1% success rate. Mosesmann covers the Technology sector, focusing on stocks such as Texas Instruments, Monolithic Power, and Lattice Semicon.
Currently, the analyst consensus on Advanced Micro Devices is a Moderate Buy with an average price target of $95.63, representing a -2.3% downside. In a report issued on December 28, Mizuho Securities also maintained a Buy rating on the stock with a $102.00 price target.
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