Analysts Weigh in on Apple and Fastly with Mixed Predictions
Analysts have weighed in on two prominent technology companies: Apple (AAPL) and Fastly (FSLY).
According to Bank of America Securities analyst Wamsi Mohan, Apple has a Buy rating with a price target of $370.00.
Mohan is a top 25 analyst with an average return of 50.4% and a 65.3% success rate, covering the Technology sector.
Apple's shares closed last Tuesday at $339.75, while the company has a Moderate Buy analyst consensus rating with a price target consensus of $334.90, representing a -1.5% downside.
HSBC also maintained a Buy rating on Apple with a $366.00 price target in a report issued on September 8.
Bank of America Securities analyst Tal Liani reiterated a Sell rating on Fastly today and set a price target of $22.00, down from the company's closing price last Tuesday at $26.08.
Liani is a 5-star analyst with an average return of 10.2% and a 58.1% success rate, covering stocks such as CrowdStrike Holdings, Palo Alto Networks, and Arista Networks.