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Analysts Are Bullish on These Technology Stocks: Garmin (GRMN), Dell Technologies (DELL)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Garmin (GRMNResearch Report) and Dell Technologies (DELLResearch Report) with bullish sentiments.

Garmin (GRMN)

Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Garmin today and set a price target of $202.00. The company’s shares closed last Wednesday at $142.64.

According to TipRanks.com, Feinseth is a top 100 analyst with an average return of 19.3% and a 70.1% success rate. Feinseth covers the Technology sector, focusing on stocks such as Meta Platforms, MeridianLink, and Monday.com.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Garmin with a $165.20 average price target.

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Dell Technologies (DELL)

In a report released today, Kathryn Huberty from Morgan Stanley maintained a Buy rating on Dell Technologies, with a price target of $68.00. The company’s shares closed last Wednesday at $57.33, close to its 52-week high of $57.54.

According to TipRanks.com, Huberty is a 5-star analyst with an average return of 14.6% and a 64.2% success rate. Huberty covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Pure Storage.

Dell Technologies has an analyst consensus of Strong Buy, with a price target consensus of $59.82, which is an 8.1% upside from current levels. In a report issued on November 16, Wells Fargo also maintained a Buy rating on the stock with a $65.00 price target.

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