Analysts Offer Insights on Technology Companies: Intuit (INTU), Super Micro Computer (SMCI) and Apple (AAPL)

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Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intuit (INTUResearch Report), Super Micro Computer (SMCIResearch Report) and Apple (AAPLResearch 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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