Microsoft and OLED Get Boosts from Analysts Amid Sector Optimism
Two technology companies have received positive notes from analysts in recent days.
Universal Display (OLED) was upgraded to a Buy rating by TipRanks' DeepSeek with a price target of $89.00, despite having a Moderate Buy consensus among analysts, with a price target consensus of $106.67, which is a 35% upside from current levels.
The company's shares closed last Friday at $80.16, and analyst Simon Woo from Bank of America Securities reiterated a Buy rating on Universal Display, with a price target of $130.00.
Meanwhile, Microsoft (MSFT) has maintained a Strong Buy consensus among analysts, with an average price target of $561.63, which is 24.8% higher than its current share price of $464.72.
Tal Liani from Bank of America Securities also maintains a Buy rating on the stock, with a price target of $500.00, despite having previously initiated coverage with a Buy rating and a $535.00 price target in a report issued on July 20 by CLSA.