There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Nvidia (NVDA – Research Report), Marvell (MRVL – Research Report) and Infineon Technologies AG (IFNNF – Research Report) with bullish sentiments.
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Nvidia (NVDA)
UBS analyst Timothy Arcuri maintained a Buy rating on Nvidia yesterday and set a price target of $205.00. The company’s shares closed last Thursday at $192.57.
According to TipRanks.com, Arcuri is a top 25 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $219.42 average price target, implying a 14.1% upside from current levels. In a report issued on October 6, Melius Research also maintained a Buy rating on the stock with a $275.00 price target.
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Marvell (MRVL)
In a report released yesterday, Rick Schafer from Oppenheimer reiterated a Buy rating on Marvell, with a price target of $115.00. The company’s shares closed last Thursday at $90.68.
According to TipRanks.com, Schafer is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marvell with a $89.41 average price target, implying a -2.8% downside from current levels. In a report issued on September 24, Citi also maintained a Buy rating on the stock with a $92.00 price target.
Infineon Technologies AG (IFNNF)
Deutsche Bank analyst Johannes Schaller CFA maintained a Buy rating on Infineon Technologies AG today and set a price target of EUR44.00. The company’s shares closed last Tuesday at $38.89.
CFA has an average return of
According to TipRanks.com, CFA is ranked #3610 out of 10083 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Infineon Technologies AG with a $49.34 average price target, implying a 26.8% upside from current levels. In a report issued on September 26, Kepler Capital also maintained a Buy rating on the stock with a EUR42.00 price target.
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