2 days ago
Analysts Are Bullish on Top Technology Stocks: Sunny Optical Technology (Group) Co (SNPTF), Lam Research (LRCX)
There's a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Sunny Optical Technology (Group) Co (SNPTF – Research Report) and Lam Research (LRCX – Research Report) with bullish sentiments.
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Sunny Optical Technology (Group) Co (SNPTF)
DBS analyst Jim Hin Kwong Au maintained a Buy rating on Sunny Optical Technology (Group) Co today and set a price target of HK$110.00. The company's shares closed last Tuesday at $9.87.
According to Au is a 5-star analyst with an average return of 18.4% and a 69.7% success rate. Au covers the Technology sector, focusing on stocks such as BYD Electronic (International) Co, AAC Technologies Holdings, and ASM Pacific Technology.
Currently, the analyst consensus on Sunny Optical Technology (Group) Co is a Strong Buy with an average price target of $12.17.
Lam Research (LRCX)
In a report released yesterday, Vijay Rakesh from Mizuho Securities reiterated a Buy rating on Lam Research, with a price target of $120.00. The company's shares closed last Tuesday at $100.33.
According to Rakesh is a 5-star analyst with an average return of 21.5% and a 59.8% success rate. Rakesh covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and ARM Holdings PLC ADR.
Currently, the analyst consensus on Lam Research is a Strong Buy with an average price target of $112.64, a 14.0% upside from current levels. In a report issued on August 14, Erste Group also initiated coverage with a Buy rating on the stock.
