Analysts have been eager to weigh in on the Technology sector with new ratings on Tyler Technologies (TYL – Research Report), Cadence Design (CDNS – Research Report) and Apple (AAPL – Research Report).
Tyler Technologies (TYL)
Barclays analyst Saket Kalia assigned a Hold rating to Tyler Technologies today and set a price target of $473.00. The company’s shares closed last Monday at $411.41.
According to TipRanks.com, Kalia is a 5-star analyst with an average return of
Tyler Technologies has an analyst consensus of Strong Buy, with a price target consensus of $489.83, representing a 20.2% upside. In a report issued on April 17, D.A. Davidson also maintained a Hold rating on the stock with a $434.00 price target.
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Cadence Design (CDNS)
In a report released yesterday, Gary Mobley from Wells Fargo maintained a Buy rating on Cadence Design, with a price target of $350.00. The company’s shares closed last Monday at $285.02.
According to TipRanks.com, Mobley is a 5-star analyst with an average return of
Cadence Design has an analyst consensus of Moderate Buy, with a price target consensus of $326.91, representing a 15.1% upside. In a report issued on April 18, Robert W. Baird also maintained a Buy rating on the stock with a $322.00 price target.
Apple (AAPL)
In a report released today, Tim Long from Barclays assigned a Sell rating to Apple, with a price target of $158.00. The company’s shares closed last Monday at $165.84, close to its 52-week low of $162.80.
According to TipRanks.com, Long is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $200.71 average price target, a 21.3% upside from current levels. In a report issued on April 15, Itau Unibanco also reiterated a Sell rating on the stock with a $162.00 price target.
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