Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Genpact (G – Research Report) and Apple (AAPL – Research Report).
Genpact (G)
Robert W. Baird analyst David Koning maintained a Hold rating on Genpact on July 10 and set a price target of $38.00. The company’s shares closed last Friday at $32.45.
According to TipRanks.com, Koning is a 4-star analyst with an average return of 2.8% and a 54.5% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Fidelity National Info.
The word on The Street in general, suggests a Hold analyst consensus rating for Genpact with a $36.22 average price target, which is a 12.8% upside from current levels. In a report issued on July 12, Citi also maintained a Hold rating on the stock with a $35.00 price target.
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Apple (AAPL)
In a report released yesterday, Erik Woodring from Morgan Stanley maintained a Buy rating on Apple, with a price target of $273.00. The company’s shares closed last Friday at $230.54.
According to TipRanks.com, Woodring is a 4-star analyst with an average return of 4.4% and a 61.5% success rate. Woodring covers the Technology sector, focusing on stocks such as International Business Machines, Dell Technologies, and SmartRent.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $223.57 average price target, which is a -2.3% downside from current levels. In a report issued on July 1, Needham also maintained a Buy rating on the stock with a $220.00 price target.
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