Analysts Weigh in on Technology Stocks: PAYX, ACN, and AAPL
Analysts have weighed in on three technology stocks: Paychex (PAYX), Accenture (ACN), and Apple (AAPL).
Cantor Fitzgerald analyst Ramsey El Assal maintained a Sell rating on Paychex with a price target of $96.00, despite the company's shares closing last Friday at $101.37.
The general consensus among analysts is to hold Paychex, with an average price target of $116.00 and a 14.6% upside from current levels.
Wells Fargo also maintains a Sell rating on the stock with a $111.00 price target.
Susquehanna analyst James Friedman maintained a Hold rating on Accenture, setting a price target of $153.00 despite the company's shares closing last Friday at $176.11.
The general consensus among analysts is to hold Accenture, with an average price target of $190.00 and a 7.3% upside from current levels.
J.P. Morgan analyst Samik Chatterjee maintained a Buy rating on Apple with a price target of $340.00, which is just slightly below the company's closing share price last Friday at $341.07.