The technology sector is in a state of continual transformation, driven by advancements in areas such as artificial intelligence (AI), cloud computing, semiconductors, cybersecurity, and more. Investors must allocate a portion of their funds to this high-growth sector to maximize their portfolio returns. Notably, amid the macroeconomic uncertainty surrounding U.S. President Donald Trump’s tariffs and the ongoing trade war with China, it would be prudent to follow the recommendations of top analysts on technology companies before making a decision.
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According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has significant upside as well.
To find more stocks like these, take a look at TipRanks’ Analyst Top Stocks Tool. It shows you a real-time list of all stocks that have been recently rated by Top-ranking Analysts.
Here are today’s top stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Ribbon Communications (RBBN) – Ribbon Communications offers voice, IP, and optical networking solutions in the U.S., Europe, the Middle East, and internationally. Yesterday, Rosenblatt Securities analyst Michael Genovese reiterated his Buy rating on RBBN stock with a price target of $6, implying 55.4% upside potential. Genovese expects the company’s growth potential in the telecommunications industry to improve going forward. In the last three months, all three Top Analysts covering the stock have rated it a Strong Buy. Taken together, their 12-month average Ribbon Communications price target implies an upside of about 55%.
Atlassian (TEAM) – Atlassian is a software company that makes tools to help teams work better together, plan projects, and track progress. Yesterday, Guggenheim analyst Howard Ma initiated coverage of Atlassian stock with a Buy rating and a $225 price target, implying 27.5% upside potential. He noted that investor concerns about AI coding tools hurting Atlassian’s seat-based revenue have lowered sentiment, but AI is not seen as a threat. Despite concerns about AI’s impact on entry-level jobs, Atlassian’s user base is expected to grow as developer numbers rise. Over the last three months, 16 Top Analysts covering TEAM stock rated it Buy, while four rated it a Hold. Taken together, their 12-month average Atlassian price target implies an upside of nearly 40%.
Aviat Networks (AVNW) – Aviat Networks provides wireless transport solutions such as wireless transmission systems for microwave and millimeter wave networking applications. Yesterday, Roth MKM analyst Scott Searle maintained his Buy rating on AVNW stock and raised the price target from $40 to $41, implying 63.7% upside. Over the last three months, all three Top Analysts covering AVNW stock rated it Strong Buy. Taken together, their 12-month average Aviat Networks price target implies an upside of nearly 34%.
Who Are the Top Analysts?
TipRanks ranks financial analysts according to the success rates of their ratings and the average return on each of their ratings. The Top Analysts have each earned a five-star ranking, thanks to the accuracy and profitability of their ratings over time.
See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’ Top Wall Street Analysts page.