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Analysts Have Conflicting Sentiments on These Technology Companies: Aspen Technology, Inc. (AZPN) and Apple (AAPL)

Analysts have been eager to weigh in on the Technology sector with new ratings on Aspen Technology, Inc. (AZPNResearch Report) and Apple (AAPLResearch Report).

Aspen Technology, Inc. (AZPN)

In a report released today, Mark Schappel from Loop Capital Markets reiterated a Buy rating on Aspen Technology, Inc., with a price target of $220.00. The company’s shares closed last Friday at $198.43.

According to TipRanks.com, Schappel is a 4-star analyst with an average return of 6.5% and a 58.8% success rate. Schappel covers the Technology sector, focusing on stocks such as Manhattan Associates, Procore Technologies, and Weave Communications.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aspen Technology, Inc. with a $222.50 average price target, which is an 11.9% upside from current levels. In a report issued on April 16, Bank of America Securities also maintained a Buy rating on the stock.

See today’s best-performing stocks on TipRanks >>

Apple (AAPL)

In a report released today, David Vogt from UBS maintained a Hold rating on Apple, with a price target of $190.00. The company’s shares closed last Friday at $169.30.

According to TipRanks.com, Vogt is a 4-star analyst with an average return of 17.7% and a 72.2% success rate. Vogt covers the Technology sector, focusing on stocks such as International Business Machines, TD SYNNEX Corporation, and Lumentum Holdings.

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $200.37, a 17.9% upside from current levels. In a report issued on April 17, Maxim Group also initiated coverage with a Hold rating on the stock with a $178.00 price target.

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