Analysts have been eager to weigh in on the Technology sector with new ratings on Cirrus Logic (CRUS) and Twilio (TWLO).
Cirrus Logic (CRUS)
In a report released today, Christopher Rolland from Susquehanna reiterated a Buy rating on Cirrus Logic, with a price target of $86.00. The company’s shares closed last Monday at $74.49.
According to TipRanks.com, Rolland is a 5-star analyst with an average return of 15.6% and a 70.1% success rate. Rolland covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Power Integrations.
Cirrus Logic has an analyst consensus of Hold, with a price target consensus of $80.33.
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Twilio (TWLO)
In a report released today, Brian White from Monness maintained a Hold rating on Twilio. The company’s shares closed last Monday at $286.33, close to its 52-week high of $288.81.
According to TipRanks.com, White is a top 25 analyst with an average return of 28.7% and a 77.5% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Slack Technologies, and Salesforce.
Twilio has an analyst consensus of Strong Buy, with a price target consensus of $242.37, which is a -14.1% downside from current levels. In a report issued on July 29, Rosenblatt Securities also maintained a Hold rating on the stock with a $235.00 price target.
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