Analysts have been eager to weigh in on the Technology sector with new ratings on NetEase (NTES) and Hewlett Packard Enterprise (HPE).
NetEase (NTES)
Barclays analyst Gregory Zhao maintained a Buy rating on NetEase yesterday and set a price target of $450.00. The company’s shares closed last Thursday at $401.76.
According to TipRanks.com, Zhao is a 5-star analyst with an average return of 13.0% and a 54.7% success rate. Zhao covers the Technology sector, focusing on stocks such as Tencent Holdings, GSX Techedu, and Baidu.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for NetEase with a $433.75 average price target, implying an 11.6% upside from current levels. In a report issued on May 11, Nomura also maintained a Buy rating on the stock with a $439.00 price target.
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Hewlett Packard Enterprise (HPE)
Barclays analyst Tim Long maintained a Hold rating on Hewlett Packard Enterprise yesterday and set a price target of $9.00. The company’s shares closed last Thursday at $10.36.
According to TipRanks.com, Long is a 5-star analyst with an average return of 16.2% and a 63.4% success rate. Long covers the Technology sector, focusing on stocks such as Keysight Technologies, Motorola Solutions, and Ubiquiti Networks.
Hewlett Packard Enterprise has an analyst consensus of Hold, with a price target consensus of $11.75, implying a 14.6% upside from current levels. In a report issued on May 17, RBC Capital also reiterated a Hold rating on the stock with a $11.00 price target.
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