Analysts have been eager to weigh in on the Technology sector with new ratings on Seagate Tech (STX) and Inseego (INSG).
Seagate Tech (STX)
Northland Securities analyst Gus Richard maintained a Buy rating on Seagate Tech today and set a price target of $85.00. The company’s shares closed last Wednesday at $74.34, close to its 52-week high of $77.07.
According to TipRanks.com, Richard is a top 100 analyst with an average return of 38.9% and a 74.8% success rate. Richard covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Power Integrations, and Himax Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Seagate Tech with a $69.26 average price target, implying a -4.6% downside from current levels. In a report issued on February 17, Craig-Hallum also maintained a Buy rating on the stock with a $90.00 price target.
See today’s analyst top recommended stocks >>
Inseego (INSG)
Northland Securities analyst Michael Latimore maintained a Hold rating on Inseego today and set a price target of $11.00. The company’s shares closed last Wednesday at $15.72.
According to TipRanks.com, Latimore is a top 100 analyst with an average return of 41.1% and a 66.4% success rate. Latimore covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Synchronoss Technologies, and Ribbon Communications.
Inseego has an analyst consensus of Moderate Buy, with a price target consensus of $15.50.
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