Analysts Weigh In on Gitlab and Apple's Prospects
Analysts from J.P. Morgan and Goldman Sachs have weighed in on two technology companies: Gitlab (GTLB) and Apple (AAPL).
Brian Essex, a 5-star analyst at J.P. Morgan, maintained a Hold rating on Gitlab with a price target of $52.00.
The company's shares closed last Wednesday at $46.33. According to TipRanks.com, Essex has an average return of 12.2% and a 57.9% success rate covering the Technology sector.
Gitlab has an analyst consensus of Hold, with a price target consensus of $54.06, which is a 14.5% upside from current levels. Another report by William Blair upgraded the stock to Hold on September 2.
In contrast, Goldman Sachs analyst Michael Ng maintained a Buy rating on Apple yesterday and set a price target of $360.00.
The company's shares closed last Wednesday at $315.34. According to TipRanks.com, Ng has an average return of 1.9% and a 66.7% success rate covering the NA sector.