Analysts have been eager to weigh in on the Technology sector with new ratings on MKS Instruments (MKSI), Synacor (SYNC) and Smart Global Holdings (SGH).
MKS Instruments (MKSI)
In a report released today, Mark Miller from Benchmark Co. maintained a Buy rating on MKS Instruments, with a price target of $150.00. The company’s shares closed last Wednesday at $128.53, close to its 52-week high of $133.24.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 23.7% and a 68.8% success rate. Miller covers the Technology sector, focusing on stocks such as Axcelis Technologies, Onto Innovation, and Western Digital.
Currently, the analyst consensus on MKS Instruments is a Strong Buy with an average price target of $157.00, representing a 23.8% upside. In a report issued on October 28, Rosenblatt Securities also reiterated a Buy rating on the stock with a $185.00 price target.
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Synacor (SYNC)
Canaccord Genuity analyst Austin Moldow maintained a Hold rating on Synacor today and set a price target of $1.50. The company’s shares closed last Wednesday at $1.30.
According to TipRanks.com, Moldow is ranked #1624 out of 7079 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Synacor with a $1.50 average price target.
Smart Global Holdings (SGH)
Needham analyst Rajvindra Gill assigned a Buy rating to Smart Global Holdings today and set a price target of $39.00. The company’s shares closed last Wednesday at $29.96.
According to TipRanks.com, Gill is a 4-star analyst with an average return of 4.7% and a 58.5% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Everspin Technologies, and Silicon Laboratories.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Smart Global Holdings with a $36.25 average price target, implying a 20.4% upside from current levels. In a report issued on October 28, Rosenblatt Securities also maintained a Buy rating on the stock with a $45.00 price target.
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