There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Apple (AAPL – Research Report) and Dialog Semiconductor (DLGNF – Research Report) with bullish sentiments.
In a report released today, Laura Martin from Needham assigned a Buy rating to Apple, with a price target of $140.00. The company’s shares closed last Tuesday at $115.54.
According to TipRanks.com, Martin is a top 100 analyst with an average return of 22.1% and a 64.3% success rate. Martin covers the Services sector, focusing on stocks such as Peloton Interactive, World Wrestling, and Walt Disney.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $120.08 average price target, implying a 1.5% upside from current levels. In a report issued on September 1, Deutsche Bank also maintained a Buy rating on the stock with a $140.00 price target.
Dialog Semiconductor (DLGNF)
In a report released today, Christian Sandherr from Hauck & Aufhaeuser maintained a Buy rating on Dialog Semiconductor, with a price target of EUR48.50. The company’s shares closed last Tuesday at $43.22.
Sandherr has an average return of 18.4% when recommending Dialog Semiconductor.
According to TipRanks.com, Sandherr is ranked #5520 out of 6942 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dialog Semiconductor with a $55.32 average price target, which is a 25.2% upside from current levels. In a report issued on September 14, BMO Capital also initiated coverage with a Buy rating on the stock with a EUR45.00 price target.
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