Analysts have been eager to weigh in on the Technology sector with new ratings on Super Micro Computer (SMCI – Research Report) and Apple (AAPL – Research Report).
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Super Micro Computer (SMCI)
In a report released today, Mike Ng from Goldman Sachs maintained a Sell rating on Super Micro Computer, with a price target of $34.00. The company’s shares closed last Tuesday at $47.40.
According to TipRanks.com, Ng is a 5-star analyst with an average return of 12.0% and a 57.6% success rate. Ng covers the NA sector, focusing on stocks such as Charter Communications, Zillow Group Class A, and Lumen Technologies. ;’>
The word on The Street in general, suggests a Hold analyst consensus rating for Super Micro Computer with a $46.08 average price target.
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Apple (AAPL)
DBS analyst Jim Hin Kwong Au maintained a Hold rating on Apple today and set a price target of $273.30. The company’s shares closed last Tuesday at $270.04.
According to TipRanks.com, Au is a 5-star analyst with an average return of 24.6% and a 71.0% success rate. Au covers the Technology sector, focusing on stocks such as Sunny Optical Technology (Group) Co, BYD Electronic (International) Co, and AAC Technologies Holdings. ;’>
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $286.53 average price target, a 6.8% upside from current levels. In a report issued on October 31, Jefferies also upgraded the stock to Hold with a $246.99 price target.
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