Analysts Bullish on Microsoft and Apple Amid Strong Consensus
Analysts from CMB International Securities and Monness have expressed bullish sentiments on Microsoft (MSFT) and Apple (AAPL), respectively. Saiyi He, a 4-star analyst at CMB International Securities, maintained a Buy rating on Microsoft with a price target of $634.20. The company's shares closed last Friday at $460.53, close to its 52-week high of $468.35.
He covers the NA sector and has an average return of 5.9% and a 47.9% success rate. The analyst consensus on Microsoft is currently a Strong Buy with an average price target of $561.63, implying a 24.8% upside from current levels. Morgan Stanley also maintained a Buy rating on the stock with a $650.00 price target.
Meanwhile, Brian White from Monness maintained a Buy rating on Apple with a price target of $335.00. The company's shares closed last Friday at $300.67. White is a 5-star analyst with an average return of 16.9% and a 67.1% success rate.
The analyst consensus on Apple is currently a Moderate Buy with an average price target of $332.82, which is a 9.2% upside from current levels. HSBC also upgraded the stock to Buy with a $366.00 price target.