Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Adobe (ADBE – Research Report), Apple (AAPL – Research Report) and WiSA Technologies, Inc. (WISA – Research Report).
Adobe (ADBE)
Bank of America Securities analyst Bradley Sills maintained a Buy rating on Adobe yesterday and set a price target of $700.00. The company’s shares closed last Monday at $599.13, close to its 52-week high of $633.89.
According to TipRanks.com, Sills is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adobe with a $650.07 average price target, which is a 9.9% upside from current levels. In a report issued on December 14, Piper Sandler also initiated coverage with a Buy rating on the stock with a $650.00 price target.
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Apple (AAPL)
In a report released yesterday, Wamsi Mohan from Bank of America Securities maintained a Hold rating on Apple, with a price target of $208.00. The company’s shares closed last Monday at $195.89, close to its 52-week high of $199.62.
According to TipRanks.com, Mohan is a 5-star analyst with an average return of
Currently, the analyst consensus on Apple is a Strong Buy with an average price target of $203.16, a 3.6% upside from current levels. In a report issued on December 7, Bernstein also maintained a Hold rating on the stock with a $195.00 price target.
WiSA Technologies, Inc. (WISA)
Ascendiant analyst Edward Woo maintained a Buy rating on WiSA Technologies, Inc. on December 15 and set a price target of $2.00. The company’s shares closed last Monday at $0.13, close to its 52-week low of $0.11.
According to TipRanks.com, Woo is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on WiSA Technologies, Inc. is a Moderate Buy with an average price target of $2.00.
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Read More on ADBE:
- M & A News: Adobe (NASDAQ:ADBE) & Figma Call off $20B Merger
- DocuSign could be valued at $72-$85 based on comp deals, says William Blair
- Adobe price target raised by $65 at Argus, here’s why
- Adobe price target raised to $675 from $610 at Argus
- Adobe price target raised by $7 at Bernstein, here’s why
