Analysts have been eager to weigh in on the Technology sector with new ratings on Oracle (ORCL – Research Report) and Apple (AAPL – Research Report).
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Oracle (ORCL)
Jefferies analyst Brent Thill maintained a Buy rating on Oracle today and set a price target of $270.00. The company’s shares closed last Friday at $232.80.
According to TipRanks.com, Thill is a 5-star analyst with an average return of 13.5% and a 64.2% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, Palantir Technologies, and Procore Technologies. ;’>
Oracle has an analyst consensus of Moderate Buy, with a price target consensus of $253.23, which is an 8.9% upside from current levels. In a report issued on August 29, UBS also maintained a Buy rating on the stock with a $280.00 price target.
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Apple (AAPL)
In a report released today, David Vogt from UBS maintained a Hold rating on Apple, with a price target of $220.00. The company’s shares closed last Friday at $239.69.
According to TipRanks.com, Vogt is a 4-star analyst with an average return of 9.2% and a 60.0% success rate. Vogt covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and TD SYNNEX Corporation. ;’>
Apple has an analyst consensus of Moderate Buy, with a price target consensus of $240.12, representing a 0.1% upside. In a report issued on September 4, MoffettNathanson also upgraded the stock to Hold.
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