Analysts have offered mixed views on two major technology companies, Apple (AAPL) and Grab (GRAB), with contrasting ratings and price targets. DZ BANK AG analyst Ingo Wermann assigned a Sell rating to Apple, following the company’s close at $332.37 last Tuesday. Wermann, a 4-star analyst with a 10.0% average return and 63.0% success rate, focuses on tech stocks like Advanced Micro Devices and Texas Instruments. Despite his bearish stance, the broader analyst consensus for Apple is Moderate Buy, with an average price target of $338.22, suggesting a 3.9% upside. Jefferies also maintained a Sell rating on October 19, setting a lower price target of $263.66.
Meanwhile, Grab (GRAB) received a Buy rating from DBS analyst Sachin Mittal, who set a price target of $5.00. Grab’s shares closed last Tuesday at $3.22, near their 52-week low of $2.98. Mittal, a 5-star analyst with an 18.3% average return and 64.2% success rate, covers stocks such as International Business Machines and Uber Technologies. The consensus among analysts is a Strong Buy for Grab, with a price target consensus of $5.11, indicating a potential 58.9% upside. TipRanks, PerPlexity also upgraded Grab to Buy on October 23 with a $3.00 price target.