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Analysts Offer Insights on Technology Companies: Intuit (INTU), Akamai (AKAM) and Apple (AAPL)

Tipranks - Tue Apr 21, 5:30AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Intuit (INTU), Akamai (AKAM) and Apple (AAPL) with bullish sentiments.

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Intuit (INTU)

Citi analyst Steve Enders maintained a Buy rating on Intuit on April 17 and set a price target of $649.00. The company’s shares closed last Friday at $393.25.

According to TipRanks.com, Enders has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.7% and a 41.1% success rate. Enders covers the Technology sector, focusing on stocks such as Navan, Inc. Class A, Pegasystems, and Monday.com. ;'>

Currently, the analyst consensus on Intuit is a Strong Buy with an average price target of $582.82, implying a 47.1% upside from current levels. In a report issued on April 15, Evercore ISI also maintained a Buy rating on the stock with a $540.00 price target.

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Akamai (AKAM)

Morgan Stanley analyst Sanjit Singh maintained a Buy rating on Akamai today and set a price target of $120.00. The company’s shares closed last Friday at $95.89.

According to TipRanks.com, Singh is a 1-star analyst with an average return of 0.0% and a 46.9% success rate. Singh covers the Technology sector, focusing on stocks such as Palantir Technologies, Snowflake, and Dynatrace. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Akamai with a $108.35 average price target, an 11.0% upside from current levels. In a report issued on April 13, Evercore ISI also maintained a Buy rating on the stock with a $130.00 price target.

Apple (AAPL)

Morgan Stanley analyst Erik Woodring reiterated a Buy rating on Apple today and set a price target of $315.00. The company’s shares closed last Friday at $270.23.

According to TipRanks.com, Woodring is a 5-star analyst with an average return of 26.1% and a 61.2% success rate. Woodring covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, International Business Machines, and Hewlett Packard Enterprise. ;'>

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $304.85, implying a 14.2% upside from current levels. In a report issued on April 17, Exane BNP Paribas also upgraded the stock to Buy.

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