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Analysts Conflicted on These Technology Names: ASML Holding (ASML), Apple (AAPL) and International Business Machines (IBM)

Tipranks - Thu Apr 16, 6:30AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on ASML Holding (ASML), Apple (AAPL) and International Business Machines (IBM).

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ASML Holding (ASML)

In a report released today, Joseph Quatrochi from Wells Fargo maintained a Buy rating on ASML Holding, with a price target of $1650.00. The company’s shares closed last Tuesday at $1518.30.

According to TipRanks.com, Quatrochi is a 5-star analyst with an average return of 20.7% and a 65.3% success rate. Quatrochi covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Allegro MicroSystems, and NXP Semiconductors. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ASML Holding with a $1747.70 average price target, a 14.5% upside from current levels. In a report issued on April 13, RBC Capital also reiterated a Buy rating on the stock with a $1625.00 price target.

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Apple (AAPL)

Wells Fargo analyst Aaron Rakers maintained a Buy rating on Apple today and set a price target of $300.00. The company’s shares closed last Tuesday at $258.83, close to its 52-week high of $260.10.

According to TipRanks.com, Rakers is a top 25 analyst with an average return of 39.7% and a 71.8% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Keysight Technologies. ;'>

Currently, the analyst consensus on Apple is a Moderate Buy with an average price target of $304.85, representing a 17.6% upside. In a report issued on March 31, Wedbush also maintained a Buy rating on the stock with a $350.00 price target.

International Business Machines (IBM)

In a report released today, Mark Newman from Bernstein reiterated a Hold rating on International Business Machines, with a price target of $280.00. The company’s shares closed last Tuesday at $240.27.

According to TipRanks.com, Newman is a 5-star analyst with an average return of 53.1% and a 73.3% success rate. Newman covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Super Micro Computer, and Dell Technologies. ;'>

International Business Machines has an analyst consensus of Moderate Buy, with a price target consensus of $316.56, representing a 32.6% upside. In a report issued on April 1, Erste Group also maintained a Hold rating on the stock.

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