Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intuit (INTU – Research Report), Super Micro Computer (SMCI – Research Report) and Apple (AAPL – Research Report).
Intuit (INTU)
In a report released today, Raimo Lenschow from Barclays maintained a Buy rating on Intuit, with a price target of $745.00. The company’s shares closed last Wednesday at $632.84.
According to TipRanks.com, Lenschow is a 1-star analyst with an average return of -0.6% and a 46.0% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, ZoomInfo Technologies, and DigitalOcean Holdings.
Intuit has an analyst consensus of Strong Buy, with a price target consensus of $733.28, which is a 15.2% upside from current levels. In a report issued on July 3, RBC Capital also initiated coverage with a Buy rating on the stock with a $760.00 price target.
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Super Micro Computer (SMCI)
In a report released today, George Wang CFA from Barclays maintained a Buy rating on Super Micro Computer, with a price target of $1000.00. The company’s shares closed last Wednesday at $899.98.
According to TipRanks.com, CFA is a 5-star analyst with an average return of 24.4% and a 64.0% success rate. CFA covers the Technology sector, focusing on stocks such as TD SYNNEX Corporation, Corsair Gaming, and Logitech.
Currently, the analyst consensus on Super Micro Computer is a Moderate Buy with an average price target of $1051.11.
Apple (AAPL)
In a report released today, Tim Long from Barclays maintained a Sell rating on Apple, with a price target of $164.00. The company’s shares closed last Wednesday at $232.98.
According to TipRanks.com, Long is a 5-star analyst with an average return of 12.4% and a 61.3% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Motorola Solutions.
Currently, the analyst consensus on Apple is a Moderate Buy with an average price target of $222.64.
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