Analysts have been eager to weigh in on the Technology sector with new ratings on Analog Devices (ADI) and Echostar (SATS).
Analog Devices (ADI)
In a report released today, Craig Hettenbach from Morgan Stanley maintained a Hold rating on Analog Devices, with a price target of $95.00. The company’s shares closed last Monday at $106.25.
According to TipRanks.com, Hettenbach is a 5-star analyst with an average return of 15.4% and a 59.7% success rate. Hettenbach covers the Technology sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and Texas Instruments.
Currently, the analyst consensus on Analog Devices is a Moderate Buy with an average price target of $124.00.
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Echostar (SATS)
Raymond James analyst Ric Prentiss reiterated a Buy rating on Echostar today and set a price target of $54.00. The company’s shares closed last Monday at $28.59, close to its 52-week low of $25.23.
According to TipRanks.com, Prentiss is a 1-star analyst with an average return of -2.5% and a 62.2% success rate. Prentiss covers the Technology sector, focusing on stocks such as Telephone & Data Systems, Iridium Communications, and United States Cellular.
Echostar has an analyst consensus of Moderate Buy, with a price target consensus of $45.00.
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