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Analysts’ Opinions Are Mixed on These Technology Stocks: Paychex (PAYX), Accenture (ACN) and Apple (AAPL)

Tipranks - Tue Sep 29, 7:56AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Paychex (PAYX), Accenture (ACN) and Apple (AAPL).

Paychex (PAYX)

Cantor Fitzgerald analyst Ramsey El Assal maintained a Sell rating on Paychex on September 25 and set a price target of $96.00. The company’s shares closed last Friday at $101.37.

According to TipRanks.com, Assal is a 1-star analyst with an average return of -1.3% and a 48.6% success rate. Assal covers the Technology sector, focusing on stocks such as Automatic Data Processing, Remitly Global, and Strategy. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Paychex with a $116.00 average price target, a 14.6% upside from current levels. In a report issued on September 24, Wells Fargo also maintained a Sell rating on the stock with a $111.00 price target.

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Accenture (ACN)

Susquehanna analyst James Friedman maintained a Hold rating on Accenture today and set a price target of $153.00. The company’s shares closed last Friday at $176.11.

According to TipRanks.com, Friedman is a 2-star analyst with an average return of 0.0% and a 49.9% success rate. Friedman covers the Technology sector, focusing on stocks such as Kaspi.kz JSC Sponsored ADR RegS, Epam Systems, and Cognizant. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Accenture with a $190.00 average price target, implying a 7.3% upside from current levels. In a report issued on September 14, Wells Fargo also downgraded the stock to Hold with a $194.00 price target.

Apple (AAPL)

J.P. Morgan analyst Samik Chatterjee maintained a Buy rating on Apple today and set a price target of $340.00. The company’s shares closed last Friday at $341.07.

According to TipRanks.com, Chatterjee is a top 25 analyst with an average return of 54.5% and a 75.4% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Zoom Communications Inc, Dell Technologies, and Vistance Networks. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $335.11 average price target, which is a -0.3% downside from current levels. In a report issued on September 15, Evercore ISI also maintained a Buy rating on the stock with a $365.00 price target.

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