Analysts Split on Tech Giants Apple and ams-OSRAM
Analysts from top firms have given neutral ratings to two tech giants: Apple (AAPL) and ams-OSRAM (AUKUF). The experts at TipRanks, who provide insights on stock performance, report that these analysts are neither overly optimistic nor pessimistic about the stocks.
On August 6, UBS analyst David Vogt maintained his Hold rating on Apple, setting a price target of $296.00. This is slightly below the current market value of $309.38 per share. Vogt has an impressive track record, with a 4-star rating and average return of 15.3%. He covers tech stocks such as IBM, HP Enterprise, and TD SYNNEX Corporation.
The consensus among analysts for Apple is a Moderate Buy, with an average price target of $334.50 - representing a 10.5% upside from current levels. Another analyst, TipRanks, Anthropic, recently downgraded the stock to Hold with a price target of $334.00.
In related news, Barclays' Simon Coles maintained his Hold rating on ams-OSRAM, setting a price target of CHF20.00. This is slightly above the current market value of CHF18.92 per share. Coles has a 4-star rating and average return of 5.3%. He covers tech stocks such as Infineon Technologies AG, STMicroelectronics, and ASML Holding.
The consensus among analysts for ams-OSRAM is also a Moderate Buy, with an average price target of CHF22.89 - representing a 21% upside from current levels. Another analyst, TipRanks, PerPlexity, recently reiterated his Hold rating on the stock with a CHF17.50 price target.