Mohan Reiterates Buy on Apple at $370 as Liani Slashes Fastly Price Target
Analysts have been weighing in on two major technology companies: Apple (AAPL) and Fastly (FSLY). Bank of America Securities analyst Wamsi Mohan maintained a Buy rating on Apple, setting a price target of $370.00. The company's shares closed last Tuesday at $339.75.
Mohan has a top 25 ranking among analysts with an average return of 50.4% and a success rate of 65.3%. He covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, DigitalOcean Holdings, and Dell Technologies.
Apple has an analyst consensus of Moderate Buy, with a price target consensus of $334.90, representing a -1.5% downside. HSBC also maintained a Buy rating on the stock with a $366.00 price target in a report issued on September 8.
Meanwhile, Bank of America Securities analyst Tal Liani reiterated a Sell rating on Fastly today and set a price target of $22.00. The company's shares closed last Tuesday at $26.08.
Liani is a 5-star analyst with an average return of 10.2% and a success rate of 58.1%. He covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Arista Networks.