Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Qorvo (QRVO), Cloudflare (NET) and ANGI Homeservices (ANGI).
Qorvo (QRVO)
Morgan Stanley analyst Craig Hettenbach maintained a Hold rating on Qorvo today and set a price target of $91.00. The company’s shares closed last Friday at $103.06.
According to TipRanks.com, Hettenbach is a 5-star analyst with an average return of 15.7% and a 60.4% success rate. Hettenbach covers the Technology sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and Texas Instruments.
Currently, the analyst consensus on Qorvo is a Moderate Buy with an average price target of $115.25, which is a 6.8% upside from current levels. In a report issued on April 27, Oppenheimer also maintained a Hold rating on the stock.
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Cloudflare (NET)
In a report released today, Keith Weiss from Morgan Stanley maintained a Sell rating on Cloudflare, with a price target of $24.00. The company’s shares closed last Friday at $26.69.
According to TipRanks.com, Weiss is a 5-star analyst with an average return of 16.0% and a 69.7% success rate. Weiss covers the Technology sector, focusing on stocks such as Palo Alto Networks, Slack Technologies, and NortonLifeLock.
Cloudflare has an analyst consensus of Moderate Buy, with a price target consensus of $26.83.
ANGI Homeservices (ANGI)
SunTrust Robinson analyst Youssef Squali maintained a Buy rating on ANGI Homeservices today and set a price target of $13.00. The company’s shares closed last Friday at $7.99.
According to TipRanks.com, Squali is a top 100 analyst with an average return of 24.8% and a 67.9% success rate. Squali covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Uber Technologies, and Shutterstock.
ANGI Homeservices has an analyst consensus of Strong Buy, with a price target consensus of $9.61, representing a 17.5% upside. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $10.00 price target.
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