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According to techstockmovers.com, there are a few trending tech stocks that have recently received buy ratings and showing positive investor sentiment, as well as news headlines. With that said, the editors over at techstockmovers.com, are adding the stocks below to their tech stock watchlist. That staff here at marketsectormovers.com, will continue to monitor these technology companies to see if the momentum continues. MarketSectorMovers.com is also looking into these tickers DAWN, COGT, RMD, BSX, RACE, RTX and more..
Recent SMTC Stock Price: $25.18
Summary: Semtech Corporation designs, manufactures and markets a wide range of analog and mixed- signal semiconductors for commercial applications. The product line comprises Signal Integrity Products, Protection Products, Power and High-Reliability Products, Wireless and Sensing Products, and Systems Innovation Group. The company's devices are used in a variety of applications including computer, communications, industrial, military-aerospace and automotive. The company also provides a limited amount of wafer foundry services to other electronic component manufacturers. Semtech has manufacturing facilities in Irvine, Camarillo and San Diego in California, Reynosa in Mexico and Neuch'tel in Switzerland.
Christopher Rolland analyst at Susquehanna reiterates coverage on Semtech (SMTC) in the energy sector with a Buy rating and has set SMTC's stock price target at $30.
TipRanks.com reports that Semtech currently has 5 analysts offering 12-month price targets on SMTC and the consensus is a Strong Buy rating with an average stock price target of $34.00. The most recent SMTC stock price we have is $25.18 and we are not making any SMTC forecasts at this time.
In addition, TradingView issued a neutral rating for SMTC over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on SMTC. marketsectormovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on SMTC, please click here >>
Unity Software, U
Recent U Stock Price: $35.71
Summary: Unity Software Inc. provides platform for creating and operating interactive, real-time 3D content. The company platform provides set of software solutions to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles and augmented and virtual reality devices. Unity Software Inc. is based in San Francisco, United States.
Mario Lu analyst at Barclays reiterates coverage on Unity Software (U) in the energy sector with a Hold rating and has set U's stock price target at $42.
TipRanks.com reports that Unity Software currently has 3 analysts offering 12-month price targets on U and the consensus is a Moderate Buy rating with an average stock price target of $48.67. The most recent U stock price we have is $35.71 and we are not making any U forecasts at this time.
In addition, TradingView issued a sell rating for U over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on U. marketsectormovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on U, please click here >>
Amazon, AMZN
Recent AMZN Stock Price: $144.72
Summary: Amazon.com is one of the largest e-commerce providers, with sprawling operations spreading across the globe. Its online retail business revolves around the Prime program well-supported by the company's massive distribution network. Further, the Whole Foods Market acquisition helped Amazon establish footprint in physical grocery supermarket space. Amazon also enjoys dominant position in the cloud-computing market, particularly in the Infrastructure as a Service space, thanks to Amazon Web Services, which is one of its high-margin generating businesses. Amazon has also become a household name with its Alexa powered Echo devices. Artificial Intelligence backed Alexa is helping the company sell products and services. The company reports revenue under three broad heads'North America, International and AWS, respectively. Amazon targets three categories of customers - consumers, sellers and website developers.
Tom Forte analyst at D.A. Davidson reiterates coverage on Amazon (AMZN) in the energy sector with a Buy rating and has set AMZN's stock price target at $150.
TipRanks.com reports that Amazon currently has 5 analysts offering 12-month price targets on AMZN and the consensus is a Strong Buy rating with an average stock price target of $170.80. The most recent AMZN stock price we have is $144.72 and we are not making any AMZN forecasts at this time.
In addition, TradingView issued a buy rating for AMZN over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on AMZN. marketsectormovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on AMZN, please click here >>
Salesforce, CRM
Recent CRM Stock Price: $218.78
Summary: Salesforce.com is the leading provider of on-demand Customer Relationship Management (CRM) software in critical operations i.e. sales force & marketing automation, customer service & support, document management, analytics and custom application development. It offers a technology platform for customers & developers to build and run business applications. Salesforce helps companies of every size & industry to connect with their customers through cloud, mobile, social, IoT & artificial intelligence (AI). There are two main revenue streams: Subscription & Support and Professional Services & Other. Subscription revenues comprise subscription fees from customers, accessing the company's enterprise cloud computing services (Cloud Services), software licenses and subscription fees recognized from customers for additional support beyond the standard support lent by the company. Professional Services & Other revenues consist of fees that the company derives from consulting and implementation services and training.
Brad Zelnick analyst at Deutsche Bank reiterates coverage on Salesforce (CRM) in the energy sector with a Buy rating and has set CRM's stock price target at $260.
TipRanks.com reports that Salesforce currently has 3 analysts offering 12-month price targets on CRM and the consensus is a Moderate Buy rating with an average stock price target of $293.33. The most recent CRM stock price we have is $218.78 and we are not making any CRM forecasts at this time.
In addition, TradingView issued a buy rating for CRM over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on CRM. marketsectormovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on CRM, please click here >>
Microsoft, MSFT
Recent MSFT Stock Price: $338.70
Summary: Microsoft Corporation is one of the largest broad-based technology providers in the world. The company dominates the PC software market with more than 80% of the market share for operating systems. The company's Microsoft 365 application suite is one of the most popular productivity software globally. It is also now one of the two public cloud providers that can deliver a wide variety of infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) solutions at scale. Microsoft's products include operating systems, cross-device productivity applications, server applications, business solution applications, desktop and server management tools, software development tools and video games. The company designs and sells PCs, tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories. Through Azure, it offers cloud-based solutions that provide customers with software, services, platforms and content.
Tyler Radke analyst at Citi reiterates coverage on Microsoft (MSFT) in the energy sector with a Buy rating and has set MSFT's stock price target at $420.
TipRanks.com reports that Microsoft currently has 5 analysts offering 12-month price targets on MSFT and the consensus is a Strong Buy rating with an average stock price target of $408.60. The most recent MSFT stock price we have is $338.70 and we are not making any MSFT forecasts at this time.
In addition, TradingView issued a Strong buy rating for MSFT over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on MSFT. marketsectormovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on MSFT, please click here >>
Apple, AAPL
Recent AAPL Stock Price: $175.74
Summary: Apple's business primarily runs around its flagship iPhone. However, the Services portfolio that includes cloud services, App store, Apple Music, AppleCare, Apple Pay & licensing and other services which become the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod have gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helps Apple to strengthen its presence in the personal health monitoring space. Apple also designs, manufactures and sells iPad, MacBookand HomePod. These devices are powered by software applications including iOS, macOS, watchOS and tvOS operating systems. Apple's other services include subscription-based Apple News, Apple Card, Apple Arcade, new Apple TV app, Apple TV channels and Apple TV, a new subscription service.
Samik Chatterjee analyst at J.P. Morgan reiterates coverage on Apple (AAPL) in the energy sector with a Buy rating and has set AAPL's stock price target at $230.
TipRanks.com reports that Apple currently has 5 analysts offering 12-month price targets on AAPL and the consensus is a Moderate Buy rating with an average stock price target of $203.00. The most recent AAPL stock price we have is $175.74 and we are not making any AAPL forecasts at this time.
In addition, TradingView issued a sell rating for AAPL over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on AAPL. marketsectormovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on AAPL, please click here >>
The editors at marketsectormovers.com use a variety of research tools to generate our watchlists and research reports. One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star RankingTM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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