There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on TE Connectivity (TEL – Research Report), Apple (AAPL – Research Report) and SailPoint, Inc. (SAIL – Research Report) with bullish sentiments.
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TE Connectivity (TEL)
TD Cowen analyst Joseph C Giordano maintained a Buy rating on TE Connectivity today and set a price target of $165.00. The company’s shares closed last Friday at $150.81.
According to TipRanks.com, Giordano is a 4-star analyst with an average return of 7.5% and a 57.7% success rate. Giordano covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Mueller Water Products, and Rockwell Automation.
Currently, the analyst consensus on TE Connectivity is a Moderate Buy with an average price target of $169.56.
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Apple (AAPL)
Citi analyst Atif Malik maintained a Buy rating on Apple today and set a price target of $275.00. The company’s shares closed last Friday at $239.07.
According to TipRanks.com, Malik is a top 25 analyst with an average return of 28.8% and a 66.4% success rate. Malik covers the Technology sector, focusing on stocks such as Skyworks Solutions, Applied Materials, and Universal Display.
Currently, the analyst consensus on Apple is a Moderate Buy with an average price target of $250.95, a 6.7% upside from current levels. In a report issued on February 25, Goldman Sachs also maintained a Buy rating on the stock with a $294.00 price target.
SailPoint, Inc. (SAIL)
TD Cowen analyst Shaul Eyal initiated coverage with a Buy rating on SailPoint, Inc. today and set a price target of $30.00. The company’s shares closed last Friday at $22.05.
According to TipRanks.com, Eyal is a top 25 analyst with an average return of 24.8% and a 66.5% success rate. Eyal covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.
SailPoint, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $26.33, implying a 16.2% upside from current levels. In a report released today, Barclays also initiated coverage with a Buy rating on the stock with a $27.00 price target.
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