Analysts Are Bullish on These Technology Stocks: Advanced Energy (AEIS), Camtek (CAMT)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Advanced Energy (AEISResearch Report) and Camtek (CAMTResearch Report) with bullish sentiments.

Advanced Energy (AEIS)

In a report released today, Mehdi Hosseini from Susquehanna reiterated a Buy rating on Advanced Energy, with a price target of $112.00. The company’s shares closed last Wednesday at $90.37.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 13.0% and a 58.1% success rate. Hosseini covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Super Micro Computer.

Currently, the analyst consensus on Advanced Energy is a Moderate Buy with an average price target of $120.67.

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Camtek (CAMT)

Needham analyst Charles Shi assigned a Buy rating to Camtek today and set a price target of $44.00. The company’s shares closed last Wednesday at $39.67, close to its 52-week high of $40.47.

According to TipRanks.com, Shi is a 2-star analyst with an average return of 6.3% and a 85.7% success rate. Shi covers the Technology sector, focusing on stocks such as Kulicke & Soffa, Taiwan Semi, and Formfactor.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Camtek with a $45.00 average price target, a 22.1% upside from current levels. In a report released today, Northland Securities also maintained a Buy rating on the stock with a $49.00 price target.

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