Analysts Have Conflicting Sentiments on These Technology Companies: Automatic Data Processing (ADP), Apple (AAPL) and Nvidia (NVDA)
Analysts have been eager to weigh in on the Technology sector with new ratings on Automatic Data Processing (ADP), Apple (AAPL) and Nvidia (NVDA).
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Automatic Data Processing (ADP)
Wells Fargo analyst Jason Kupferberg reiterated a Hold rating on Automatic Data Processing today and set a price target of $248.00. The company’s shares closed last Wednesday at $241.37, close to its 52-week low of $231.27.
According to TipRanks.com, Kupferberg ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Automatic Data Processing with a $248.00 average price target, representing a 1.1% upside. In a report issued on June 27, TipRanks – Anthropic also downgraded the stock to Hold with a $235.00 price target.
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Apple (AAPL)
Citi analyst Asiya Merchant maintained a Buy rating on Apple yesterday and set a price target of $315.00. The company’s shares closed last Wednesday at $313.39.
According to TipRanks.com, Merchant is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $325.20 average price target, a 4.3% upside from current levels. In a report issued on June 25, Evercore ISI also maintained a Buy rating on the stock with a $365.00 price target.
Nvidia (NVDA)
In a report released yesterday, Atif Malik from Citi maintained a Buy rating on Nvidia, with a price target of $300.00. The company’s shares closed last Wednesday at $204.12.
According to TipRanks.com, Malik is a top 25 analyst with an average return of
Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $309.33, which is a 58.5% upside from current levels. In a report issued on June 23, Bernstein also maintained a Buy rating on the stock with a $315.00 price target.
Read More on ADP:
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- ADP price target raised to $260 from $240 at Stifel
- ADP price target raised to $223 from $216 at TD Cowen
- Jared Levine Reiterates Hold on ADP, Nudges Price Target Up to $223 Amid Mixed Long-Term Outlook
- ADP Secures New $9.2 Billion Credit Facilities
- The Week That Was, The Week Ahead: Macro and Markets, June 7
