Analysts have been eager to weigh in on the Technology sector with new ratings on Apple (AAPL), Fidelity National Info (FIS) and Boingo Wireless (WIFI).
Apple (AAPL)
In a report released today, Aaron Rakers from Wells Fargo maintained a Buy rating on Apple. The company’s shares closed last Tuesday at $438.66, close to its 52-week high of $446.55.
According to TipRanks.com, Rakers is a 5-star analyst with an average return of 22.1% and a 70.3% success rate. Rakers covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Cisco Systems, and Seagate Tech.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $420.12 average price target, which is a -3.8% downside from current levels. In a report issued on July 22, Morgan Stanley also maintained a Buy rating on the stock with a $419.00 price target.
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Fidelity National Info (FIS)
Wells Fargo analyst Timothy Willi maintained a Buy rating on Fidelity National Info yesterday. The company’s shares closed last Tuesday at $147.20, close to its 52-week high of $158.21.
According to TipRanks.com, Willi is a 5-star analyst with an average return of 23.1% and a 73.3% success rate. Willi covers the Technology sector, focusing on stocks such as Bill.com Holdings, Global Payments, and Paypal Holdings.
Fidelity National Info has an analyst consensus of Strong Buy, with a price target consensus of $158.71, representing an 8.2% upside. In a report issued on July 20, Stephens also maintained a Buy rating on the stock with a $164.00 price target.
Boingo Wireless (WIFI)
In a report released today, Timothy Horan from Oppenheimer assigned a Hold rating to Boingo Wireless. The company’s shares closed last Tuesday at $13.04.
According to TipRanks.com, Horan is a top 100 analyst with an average return of 18.6% and a 74.1% success rate. Horan covers the Technology sector, focusing on stocks such as Limelight Networks, GTT Communications, and Vonage Holdings.
Currently, the analyst consensus on Boingo Wireless is a Strong Buy with an average price target of $20.00.
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