Analysts have been eager to weigh in on the Technology sector with new ratings on HEICO (HEI), VMware (VMW) and Advent Technologies Holdings (ADN).
HEICO (HEI)
In a report released yesterday, Sheila Kahyaoglu from Jefferies maintained a Hold rating on HEICO, with a price target of $140.00. The company’s shares closed last Thursday at $139.81, close to its 52-week high of $142.89.
According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of 11.3% and a 67.6% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, L3Harris Technologies, and Raytheon Technologies.
Currently, the analyst consensus on HEICO is a Moderate Buy with an average price target of $151.00, implying an 8.0% upside from current levels. In a report issued on May 26, Vertical Research also maintained a Hold rating on the stock with a $140.00 price target.
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VMware (VMW)
Jefferies analyst Brent Thill maintained a Hold rating on VMware today and set a price target of $160.00. The company’s shares closed last Thursday at $161.21.
According to TipRanks.com, Thill is a top 100 analyst with an average return of 23.8% and a 72.3% success rate. Thill covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and CrowdStrike Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for VMware with a $173.93 average price target, implying a 7.9% upside from current levels. In a report issued on May 13, Mizuho Securities also maintained a Hold rating on the stock with a $165.00 price target.
Advent Technologies Holdings (ADN)
Jefferies analyst Laurence Alexander maintained a Buy rating on Advent Technologies Holdings yesterday and set a price target of $18.00. The company’s shares closed last Thursday at $10.58.
According to TipRanks.com, Alexander is a 5-star analyst with an average return of 13.7% and a 68.0% success rate. Alexander covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Eastman Chemical.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Advent Technologies Holdings with a $18.50 average price target.
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