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Analysts Offer Insights on Technology Companies: Hewlett Packard Enterprise (HPE) and Apple (AAPL)

Tipranks - Wed Apr 8, 7:14AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Hewlett Packard Enterprise (HPE) and Apple (AAPL) with bullish sentiments.

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Hewlett Packard Enterprise (HPE)

In a report released today, Katherine Murphy from Goldman Sachs reiterated a Buy rating on Hewlett Packard Enterprise, with a price target of $29.00. The company’s shares closed last Monday at $24.58, close to its 52-week high of $24.66.

According to TipRanks.com, Murphy is a 2-star analyst with an average return of 6.1% and a 75.0% success rate. Murphy covers the Technology sector, focusing on stocks such as TD SYNNEX Corporation, Dell Technologies, and Penguin Solutions. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hewlett Packard Enterprise with a $27.64 average price target, representing an 11.7% upside. In a report issued on March 24, TipRanks – PerPlexity also upgraded the stock to Buy with a $24.00 price target.

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Apple (AAPL)

In a report released yesterday, Mike Ng from Goldman Sachs maintained a Buy rating on Apple, with a price target of $330.00. The company’s shares closed last Monday at $258.86, close to its 52-week high of $260.10.

According to TipRanks.com, Ng is a 5-star analyst with an average return of 10.6% and a 54.7% success rate. Ng covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Zillow Group Class A. ;'>

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $304.40, a 18.7% upside from current levels. In a report issued on March 22, Morgan Stanley also maintained a Buy rating on the stock with a $315.00 price target.

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