Gitlab and Apple Receive Analyst Insights
Analysts have weighed in on two tech companies, Gitlab (GTLB) and Apple (AAPL).
Gitlab received a Hold rating from J.P. Morgan's Brian Essex, with a price target of $52.00.
The company's shares closed last Wednesday at $46.33.
Essex is a 5-star analyst with an average return of 12.2% and a 57.9% success rate.
GTLB has an analyst consensus of Hold, with a price target consensus of $54.06, representing a 14.5% upside from current levels.
Another report issued by William Blair upgraded the stock to Hold on September 2.
For Apple (AAPL), Goldman Sachs analyst Michael Ng maintained a Buy rating yesterday and set a price target of $360.00.
The company's shares closed last Wednesday at $315.34.
Ng is a 2-star analyst with an average return of 1.9% and a 66.7% success rate.
The word on The Street suggests a Moderate Buy analyst consensus rating for Apple, with a $335.87 average price target, representing a 6.5% upside.