2016-08-09

There’s a lot to be optimistic about in the Technology sector as 3 experts just weighed in on Vivint Solar (NYSE: VSLR), Applied Materials (NASDAQ: AMAT) and TubeMogul Inc (NASDAQ: TUBE) with bullish sentiments.

Vivint Solar (NYSE: VSLR)

Deutsche Bank analyst Vishal Shah reiterated a Buy rating on Vivint Solar (NYSE: VSLR) today and set a price target of $6. The company’s shares opened today at $3.60, close to its 52-week low of $2.16.

According to TipRanks.com, Shah is ranked 0 out of 5 stars with an average return of -22.7% and a 25.3% success rate. Shah covers the Technology sector, focusing on stocks such as Sunedison Semiconductor, SolarEdge Technologies, and Canadian Solar Inc.

Vivint Solar has an analyst consensus of Moderate Buy

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Applied Materials (NASDAQ: AMAT)

Citigroup analyst Atif Malik maintained a Buy rating on Applied Materials (NASDAQ: AMAT) today and set a price target of $29. The company’s shares opened today at $26.95, close to its 52-week high of $27.11.

According to TipRanks.com, Malik is a 4-star analyst with an average return of 6.1% and a 56.4% success rate. Malik covers the Technology sector, focusing on stocks such as Silicon Laboratories, Skyworks Solutions, and Kla-Tencor Corp.

Currently, the analyst consensus on Applied Materials is Strong Buy and the average price target is $27.78, representing a 3.1% upside.

In a report released yesterday, Credit Suisse also reiterated a Buy rating on the stock with a $29 price target.
TubeMogul Inc (NASDAQ: TUBE)

In a report released today, Mark May from Citigroup maintained a Buy rating on TubeMogul (NASDAQ: TUBE), with a price target of $15. The company’s shares opened today at $9.85, close to its 52-week low of $9.11.

According to TipRanks.com, May is a 5-star analyst with an average return of 11.5% and a 66.0% success rate. May covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Salesforce.com, and Bankrate Inc.

Currently, the analyst consensus on TubeMogul is Strong Buy and the average price target is $15.43, representing a 56.6% upside.

In a report released yesterday, Piper Jaffray also reiterated a Buy rating on the stock with a $17 price target.

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