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Analysts Are Bullish on These Technology Stocks: Palo Alto Networks (PANW), Apple (AAPL)

Tipranks - Tipranks - Wed Apr 22, 12:42AM CDT

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

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Palo Alto Networks (PANW)

Palo Alto Networks received a Buy rating and a $215.00 price target from Berenberg Bank analyst Rahul Chopra yesterday. The company’s shares closed last Monday at $169.56.

According to TipRanks.com, Chopra is a 4-star analyst with an average return of 9.0% and a 59.7% success rate. Chopra covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Rubrik, Inc. Class A, and SailPoint, Inc. ;'>

Currently, the analyst consensus on Palo Alto Networks is a Strong Buy with an average price target of $213.20, representing a 27.7% upside. In a report issued on April 7, Barclays also maintained a Buy rating on the stock with a $200.00 price target.

See the top stocks recommended by analysts >>

Apple (AAPL)

J.P. Morgan analyst Samik Chatterjee maintained a Buy rating on Apple today and set a price target of $325.00. The company’s shares closed last Monday at $273.05.

According to TipRanks.com, Chatterjee is a top 25 analyst with an average return of 47.5% and a 74.1% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Super Micro Computer. ;'>

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $305.81, which is a 13.1% upside from current levels. In a report issued on April 17, Exane BNP Paribas also upgraded the stock to Buy.

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