Neutral Ratings for NTAP and AAPL from Top Analysts
Analysts have weighed in on two technology stocks, NetApp (NTAP) and Apple (AAPL), with neutral ratings. This means that experts are neither bullish nor bearish on these stocks.
Amit Daryanani from Evercore ISI maintained a Hold rating on NetApp, with a price target of $210.00. The company's shares closed last Thursday at $174.65. According to TipRanks.com, Daryanani is a top 25 analyst with an average return of 37.3% and a 70.4% success rate.
NetApp has an analyst consensus of Moderate Buy, with a price target consensus of $193.08, implying a 6.8% upside from current levels. In a report issued on August 19, Citi also maintained a Hold rating on the stock with a $209.00 price target.
Meanwhile, David Vogt from UBS maintained a Hold rating on Apple, with a price target of $296.00. The company's shares closed last Thursday at $326.45. According to TipRanks.com, Vogt is a 4-star analyst with an average return of 13.3% and a 61.6% success rate.
The word on the Street in general suggests a Moderate Buy analyst consensus rating for Apple with a $337.55 average price target, implying a 3.9% upside from current levels. In a report issued on September 1, Rosenblatt Securities also maintained a Hold rating on the stock with a $303.00 price target.