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Tech Stocks Trending Including MCHP stock, SMTC stock, VRNS stock, CLFD stock, MGNI stock

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According to techstockmovers.com, there are a few trending tech stocks that have recently received buy ratings and showing positive investor sentiment, as well as news headlines. With that said, the editors over at techstockmovers.com, are adding the stocks below to their tech stock watchlist.  That staff here at finmarketnews.com, will continue to monitor these technology companies to see if the momentum continues. FinMarketNews.com is looking into these tickers DAWN, MTDR, AVY, CMC, MNST, RTX and more..

Microchip, MCHP
Recent MCHP Stock Price: $72.76
Summary:
Microchip Technology Inc. develops and manufactures microcontrollers, memory and analog and interface products for embedded control systems, which are small, low-power computers designed to perform specific tasks. The company has now three major product lines: Microcontrollers (this product portfolio comprises 8-bit, 16-bit and 32-bit PIC microcontrollers and 16-bit dsPIC digital signal controllers) and Analog (these products consist of several families with approximately 800 power management, linear, mixed-signal, thermal management, RF Linear drivers, safety and security, and interface products).

Vivek Arya analyst at Bank of America Securities reiterates coverage on Microchip (MCHP) in the energy sector with a Buy rating and has set MCHP's stock price target at $ 82.

TipRanks.com reports that Microchip currently has 19 analysts offering 12-month price targets on MCHP and the consensus is a Strong Buy rating with an average stock price target of $85.05.  The most recent MCHP stock price we have is $72.76 and we are not making any MCHP forecasts at this time.

In addition, TradingView issued a n/a rating for MCHP over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on MCHP. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.

For the complete breakdown on MCHP, please click here >>

Semtech, SMTC
Recent SMTC Stock Price: $56.21
Summary:
Semtech Corporation designs, manufactures and markets a wide range of analog and mixed- signal semiconductors for commercial applications. The product line comprises Signal Integrity Products, Protection Products, Power and High-Reliability Products, Wireless and Sensing Products, and Systems Innovation Group. The company's devices are used in a variety of applications including computer, communications, industrial, military-aerospace and automotive. The company also provides a limited amount of wafer foundry services to other electronic component manufacturers. Semtech has manufacturing facilities in Irvine, Camarillo and San Diego in California, Reynosa in Mexico and Neuch'tel in Switzerland.

Quinn Bolton analyst at Needham reiterates coverage on Semtech (SMTC) in the energy sector with a Hold rating and has set SMTC's stock price target at n/a.

TipRanks.com reports that Semtech currently has 9 analysts offering 12-month price targets on SMTC and the consensus is a Moderate Buy rating with an average stock price target of $82.38.  The most recent SMTC stock price we have is $56.21 and we are not making any SMTC forecasts at this time.

In addition, TradingView issued a Sell rating for SMTC over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on SMTC. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.

For the complete breakdown on SMTC, please click here >>

Varonis Systems, VRNS
Recent VRNS Stock Price: $30.24
Summary:
Varonis Systems Inc. provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Its products include DatAdvantage, DataPrivilege, IDU Classification Framework, Data Transport Engine and DatAnywhere. The company sells its products to small and medium businesses, and large multinational enterprises in financial services, consumer and retail, industrial, healthcare, and energy and utilities industries. Varonis Systems Inc. is headquartered in New York.

Shaul Eyal analyst at Cowen & Co. reiterates coverage on Varonis Systems (VRNS) in the energy sector with a Buy rating and has set VRNS's stock price target at $ 53.

TipRanks.com reports that Varonis Systems currently has 15 analysts offering 12-month price targets on VRNS and the consensus is a Strong Buy rating with an average stock price target of $41.36.  The most recent VRNS stock price we have is $30.24 and we are not making any VRNS forecasts at this time.

In addition, TradingView issued a Neutral rating for VRNS over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on VRNS. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.

For the complete breakdown on VRNS, please click here >>

Clearfield, CLFD
Recent CLFD Stock Price: $103.21
Summary:
CLEARFIELD INC., formerly APA Cables & Networks, designs and manufactures the FieldSmart fiber management platform, which includes its latest generation Fiber Distribution System and Fiber Scalability Center. The FDS and FSC product-lines support a wide range of panel configurations, densities, connectors and adapter options and is offered alongside an assortment of passive optical components. Clearfield also provides a complete line of fiber and copper assemblies for controlled and outside plant environments.

Tim Savageaux analyst at Northland Securities reiterates coverage on Clearfield (CLFD) in the energy sector with a Buy rating and has set CLFD's stock price target at $ 95.

TipRanks.com reports that Clearfield currently has 3 analysts offering 12-month price targets on CLFD and the consensus is a Strong Buy rating with an average stock price target of $103.00.  The most recent CLFD stock price we have is $103.21 and we are not making any CLFD forecasts at this time.

In addition, TradingView issued a Buy rating for CLFD over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CLFD. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.

For the complete breakdown on CLFD, please click here >>

Magnite, MGNI
Recent MGNI Stock Price: $8.55
Summary:
Magnite Inc. provides sell-side advertising platform. The company's omnichannel advertising platform enables publishers to monetize across all auction types and formats including CTV, desktop display, video, audio and mobile. Magnite Inc., formerly known as the Rubicon Project Inc., is based in CA, United States.

Matthew Swanson analyst at RBC Capital reiterates coverage on Magnite (MGNI) in the energy sector with a Buy rating and has set MGNI's stock price target at $ 21.

TipRanks.com reports that Magnite currently has 6 analysts offering 12-month price targets on MGNI and the consensus is a Strong Buy rating with an average stock price target of $16.00.  The most recent MGNI stock price we have is $8.55 and we are not making any MGNI forecasts at this time.

In addition, TradingView issued a n/a rating for MGNI over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on MGNI. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.

For the complete breakdown on MGNI, please click here >>



The editors at finmarketnews.com use a variety of research tools to generate our watchlists and research reports.  One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.  TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star RankingTM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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