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Analysts Offer Insights on Technology Companies: Apple (AAPL), Flywire (FLYW) and Squarespace (SQSP)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Apple (AAPLResearch Report), Flywire (FLYWResearch Report) and Squarespace (SQSPResearch Report) with bullish sentiments.

Apple (AAPL)

DBS analyst Jim Hin Kwong Au maintained a Buy rating on Apple on May 3 and set a price target of $209.00. The company’s shares closed last Tuesday at $182.40.

According to TipRanks.com, Au is a 4-star analyst with an average return of 15.7% and a 79.2% success rate. Au covers the Technology sector, focusing on stocks such as Sunny Optical Technology (Group) Co, AAC Technologies Holdings, and ASM Pacific Technology.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $204.39 average price target, representing an 11.4% upside. In a report issued on May 2, Melius Research also maintained a Buy rating on the stock with a $227.00 price target.

See today’s best-performing stocks on TipRanks >>

Flywire (FLYW)

In a report released today, Jeff Cantwell from Seaport Global maintained a Buy rating on Flywire, with a price target of $31.00. The company’s shares closed last Tuesday at $20.54, close to its 52-week low of $18.65.

According to TipRanks.com, Cantwell is a 4-star analyst with an average return of 6.5% and a 57.5% success rate. Cantwell covers the Technology sector, focusing on stocks such as Fidelity National Info, Bill.com Holdings, and Shift4 Payments.

Currently, the analyst consensus on Flywire is a Strong Buy with an average price target of $32.50, implying a 61.1% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $25.00 price target.

Squarespace (SQSP)

Seaport Global analyst Aaron Kessler maintained a Buy rating on Squarespace today and set a price target of $40.00. The company’s shares closed last Tuesday at $36.88, close to its 52-week high of $37.91.

According to TipRanks.com, Kessler is a top 100 analyst with an average return of 18.4% and a 64.5% success rate. Kessler covers the Technology sector, focusing on stocks such as Trade Desk, Duolingo, and GoDaddy.

Squarespace has an analyst consensus of Moderate Buy, with a price target consensus of $40.50, representing an 8.8% upside. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

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