Analysts Offer Insights on Technology Companies: Apple (AAPL), Shopify (SHOP) and Motorola Solutions (MSI)

Analysts have been eager to weigh in on the Technology sector with new ratings on Apple (AAPL – Research Report), Shopify (SHOP – Research Report) and Motorola Solutions (MSI – Research Report).

Apple (AAPL)

In a report released today, Erik Woodring from Morgan Stanley maintained a Buy rating on Apple, with a price target of $210.00. The company’s shares closed last Thursday at $177.57.

According to TipRanks.com, Woodring has 0 stars on 0-5 stars ranking scale with an average return of -9.5% and a 48.9% success rate. Woodring covers the Technology sector, focusing on stocks such as International Business Machines, Resideo Technologies, and Dell Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $201.78 average price target, representing a 15.0% upside. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $200.00 price target.

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Shopify (SHOP)

The company’s shares closed last Thursday at $59.70.

According to TipRanks.com, Radke is a 3-star analyst with an average return of 2.1% and a 46.1% success rate. Radke covers the Technology sector, focusing on stocks such as Zoom Video Communications, Palantir Technologies, and ZoomInfo Technologies.

Shopify has an analyst consensus of Moderate Buy, with a price target consensus of $67.64, implying a 17.3% upside from current levels. In a report issued on November 1, Exane BNP Paribas also upgraded the stock to Hold with a $69.39 price target.

Motorola Solutions (MSI)

Bank of America Securities analyst Tomer Zilberman reiterated a Buy rating on Motorola Solutions today and set a price target of $330.00. The company’s shares closed last Thursday at $281.17.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Motorola Solutions with a $321.50 average price target, which is a 14.7% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $333.00 price target.

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