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Analysts Are Bullish on These Technology Stocks: Apple (AAPL), Nutanix (NTNX)

Tipranks - Tipranks - Thu Apr 9, 6:10AM CDT

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

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Apple (AAPL)

In a report released yesterday, Erik Woodring from Morgan Stanley maintained a Buy rating on Apple, with a price target of $315.00. The company’s shares closed last Tuesday at $253.50, close to its 52-week high of $260.10.

According to TipRanks.com, Woodring is a 5-star analyst with an average return of 19.0% and a 59.8% 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 $304.40, a 18.8% upside from current levels. In a report issued on March 26, Monness also maintained a Buy rating on the stock with a $315.00 price target.

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Nutanix (NTNX)

In a report released today, Mike Cikos from Needham maintained a Buy rating on Nutanix, with a price target of $55.00. The company’s shares closed last Tuesday at $39.50.

According to TipRanks.com, Cikos is a 4-star analyst with an average return of 5.2% and a 44.8% success rate. Cikos covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, CrowdStrike Holdings, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nutanix with a $57.00 average price target, representing a 44.9% upside. In a report issued on April 1, Rosenblatt Securities also initiated coverage with a Buy rating on the stock with a $60.00 price target.

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