Analysts’ Opinions Are Mixed on These Technology Stocks: Advanced Micro Devices (AMD), Apple (AAPL) and IMPINJ (PI)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Advanced Micro Devices (AMDResearch Report), Apple (AAPLResearch Report) and IMPINJ (PIResearch Report).

Advanced Micro Devices (AMD)

In a report released yesterday, Aaron Rakers from Wells Fargo maintained a Buy rating on Advanced Micro Devices, with a price target of $150.00. The company’s shares closed last Tuesday at $124.53, close to its 52-week high of $130.79.

According to TipRanks.com, Rakers is a top 100 analyst with an average return of 23.7% and a 65.8% success rate. Rakers covers the Technology sector, focusing on stocks such as Mobileye Global, Inc. Class A, Arista Networks, and Broadcom.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Advanced Micro Devices with a $118.32 average price target, implying a -10.6% downside from current levels. In a report issued on June 12, KeyBanc also maintained a Buy rating on the stock with a $150.00 price target.

See the top stocks recommended by analysts >>

Apple (AAPL)

In a report released today, Toni Sacconaghi from Bernstein maintained a Hold rating on Apple, with a price target of $175.00. The company’s shares closed last Tuesday at $183.31, close to its 52-week high of $184.95.

Sacconaghi has an average return of 27.0% when recommending Apple.

According to TipRanks.com, Sacconaghi is ranked #804 out of 8414 analysts.

Currently, the analyst consensus on Apple is a Strong Buy with an average price target of $189.17, representing a 3.5% upside. In a report issued on June 6, D.A. Davidson also downgraded the stock to Hold with a $185.00 price target.

IMPINJ (PI)

Goldman Sachs analyst Toshiya Hari reiterated a Buy rating on IMPINJ today. The company’s shares closed last Tuesday at $113.03.

According to TipRanks.com, Hari is a 5-star analyst with an average return of 20.0% and a 64.8% success rate. Hari covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and Skyworks Solutions.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for IMPINJ with a $132.00 average price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on AMD: