Analysts have been eager to weigh in on the Technology sector with new ratings on HEICO (HEI) and Infinera (INFN).
HEICO (HEI)
Canaccord Genuity analyst Kenneth Herbert maintained a Hold rating on HEICO yesterday and set a price target of $125.00. The company’s shares closed last Tuesday at $132.37, close to its 52-week high of $141.31.
According to TipRanks.com, Herbert is a top 100 analyst with an average return of 31.3% and a 73.6% success rate. Herbert covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, Maxar Technologies, and CPI Aerostructures.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HEICO with a $139.75 average price target.
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Infinera (INFN)
In a report released today, Alex Henderson from Needham assigned a Buy rating to Infinera, with a price target of $15.00. The company’s shares closed last Tuesday at $10.02.
According to TipRanks.com, Henderson is a top 100 analyst with an average return of 29.6% and a 67.1% success rate. Henderson covers the Technology sector, focusing on stocks such as Acacia Communications, CrowdStrike Holdings, and CyberArk Software.
Currently, the analyst consensus on Infinera is a Moderate Buy with an average price target of $12.50, representing a 25.5% upside. In a report issued on February 9, Rosenblatt Securities also maintained a Buy rating on the stock with a $12.00 price target.
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