Neutral Ratings Maintain Steady Ground on NTAP and AAPL
Analysts have maintained neutral ratings on two tech stocks, NetApp (NTAP) and Apple (AAPL), indicating that they are neither bullish nor bearish on these companies.
Amit Daryanani from Evercore ISI has a Hold rating on NetApp with a price target of $210.00, which is slightly higher than its current price of $174.65. Daryanani has a strong track record as a top 25 analyst with an average return of 37.3% and a success rate of 70.4%. NetApp's shares have been subject to various price target revisions from analysts in recent times, with some raising their targets and others maintaining theirs.
Apple (AAPL) has also received a Hold rating from David Vogt at UBS, along with a price target of $296.00. This is slightly below Apple's current price of $326.45. The analyst consensus for Apple is Moderate Buy, with an average price target of $337.55 and a 3.9% upside potential. It's worth noting that Vogt has a 4-star rating as an analyst with an average return of 13.3% and a success rate of 61.6%.