Analysts Have Conflicting Sentiments on These Technology Companies: Flextronics International (NASDAQ: FLEX), NetSuite Inc (NYSE: N), Western Digital Corp. (NASDAQ: WDC) and Kla-tencor (NASDAQ: KLAC)

By George MacDonald

Analysts have been eager to weigh in on the Technology sector with new ratings on Flextronics International (NASDAQ: FLEX), NetSuite Inc (NYSE: N), Western Digital Corp. (NASDAQ: WDC) and Kla-tencor (NASDAQ: KLAC).

Flextronics International (NASDAQ: FLEX)

Deutsche Bank analyst Sherri Scribner maintained a Hold rating on Flextronics (NASDAQ: FLEX) on January 29 and set a price target of $10. The company’s shares closed last Friday at $10.48.

Flextronics has an analyst consensus of Strong Buy.

According to TipRanks.com, Scribner is a 2-star analyst with an average return of -0.1% and a 46.6% success rate. Scribner covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Sanmina-Sci Corp., and TE Connectivity.

NetSuite Inc (NYSE: N)

In a report issued on January 29, Karl Keirstead from Deutsche Bank maintained a Buy rating on NetSuite (NYSE: N), with a price target of $80. The company’s shares closed last Friday at $69.37, close to its 52-week low of $64.04.

Currently, the analyst consensus on NetSuite is Moderate Buy and the average price target is $80.67, representing a 16.3% upside. In a report issued on January 29, Canaccord Genuity also upgraded the stock to Buy with a $100 price target.

According to TipRanks.com, Keirstead is a 2-star analyst with an average return of -1.0% and a 38.0% success rate. Keirstead covers the Technology sector, focusing on stocks such as Csg Systems International, Concur Technologies, and Jive Software Inc.

Western Digital Corp. (NASDAQ: WDC)

In a report issued on January 29, Sherri Scribner from Deutsche Bank maintained a Buy rating on Western Digital (NASDAQ: WDC), with a price target of $62. The company’s shares closed last Friday at $47.98, close to its 52-week low of $42.28.

Currently, the analyst consensus on Western Digital is Strong Buy and the average price target is $97.50, representing a 103.2% upside. In a report issued on January 27, Citigroup also initiated coverage with a Buy rating on the stock with a $53 price target.

According to TipRanks.com, Scribner is a 2-star analyst with an average return of -0.1% and a 46.6% success rate. Scribner covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Sanmina-Sci Corp., and TE Connectivity.

Kla-tencor (NASDAQ: KLAC)

Deutsche Bank analyst Sidney Ho maintained a Hold rating on Kla-Tencor Corp. (NASDAQ: KLAC) on January 29 and set a price target of $68. The company’s shares closed last Friday at $66.99, close to its 52-week high of $70.28.

Currently, the analyst consensus on Kla-Tencor Corp. is Hold and the average price target is $74, representing a 10.5% upside. In a report issued on January 29, Credit Suisse also maintained a Hold rating on the stock with a $81 price target.

According to TipRanks.com, Ho is ranked 0 out of 5 stars with an average return of -13.3% and a 37.3% success rate. Ho covers the Technology sector, focusing on stocks such as Sunedison Semiconductor, Applied Materials, and Cypress Semicon.