Tech Stocks Get a Boost: Analysts Say “Buy”

Analysts are pointing the finger at three tech names that could climb higher. The first is a Japanese chipmaker whose shares last traded around $449 and now have a target of about ¥70, 800. The second is a leading maker of automotive micro‑controllers whose price target sits near ¥3, 300 after a recent close at $19. 85. The third is the networking giant that trades near $85, with a new target of roughly $91. Each analyst keeps the “Buy” tag. The first analyst, a top performer in the sector, has a track record of 30‑plus percent returns and a success rate over 68 percent. The second analyst is also well‑rated, with about 13 percent average returns and a win rate above 76 percent. The third analyst’s record is more modest, with just over four percent returns and a 51 percent win rate.Market consensus generally backs the same sentiment. The chipmaker’s average target is around $422, a slight dip from current levels. The micro‑controller maker’s consensus price target is about $22, giving a 12 percent upside. The networking firm’s average target hovers near $91, an 8‑plus percent lift from today’s close. In addition to the main analysts, other research houses have also raised their outlooks. One firm set a target of ¥79, 198 for the chipmaker. Another raised its level to ¥2, 647 for the micro‑controller maker. A third upgraded the networking firm to a $100 target. These ratings reflect optimism that technology companies will continue to grow, especially as demand for chips and networking gear stays strong. Investors looking at these names might see a chance to add value before the next market shift.