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Analysts’ Opinions Are Mixed on These Technology Stocks: Atlassian (TEAM), Texas Instruments (TXN) and Apple (AAPL)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Atlassian (TEAMResearch Report), Texas Instruments (TXNResearch Report) and Apple (AAPLResearch Report).

Atlassian (TEAM)

In a report released today, Peter Weed from Bernstein maintained a Buy rating on Atlassian, with a price target of $265.00. The company’s shares closed last Thursday at $254.90, close to its 52-week high of $258.69.

According to TipRanks.com, Weed is a 5-star analyst with an average return of 29.5% and a 92.6% success rate. Weed covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and SentinelOne.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Atlassian with a $244.13 average price target, representing a -3.7% downside. In a report issued on January 19, Jefferies also maintained a Buy rating on the stock with a $275.00 price target.

See the top stocks recommended by analysts >>

Texas Instruments (TXN)

In a report released today, Stacy Rasgon from Bernstein maintained a Sell rating on Texas Instruments, with a price target of $140.00. The company’s shares closed last Thursday at $159.69.

According to TipRanks.com, Rasgon is a 5-star analyst with an average return of 19.4% and a 67.3% success rate. Rasgon covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Analog Devices.

Currently, the analyst consensus on Texas Instruments is a Hold with an average price target of $169.58, implying a 6.5% upside from current levels. In a report issued on January 23, Goldman Sachs also maintained a Sell rating on the stock with a $137.00 price target.

Apple (AAPL)

Bernstein analyst Toni Sacconaghi maintained a Hold rating on Apple today and set a price target of $195.00. The company’s shares closed last Thursday at $186.86.

According to TipRanks.com, Sacconaghi is a 4-star analyst with an average return of 7.2% and a 63.3% success rate. Sacconaghi covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Dell Technologies.

Currently, the analyst consensus on Apple is a Moderate Buy with an average price target of $205.87, an 11.9% upside from current levels. In a report released yesterday, Evercore ISI also maintained a Hold rating on the stock.

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