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Analysts Offer Insights on Technology Companies: Microsoft (MSFT), Aspen Technology, Inc. (AZPN) and Apple (AAPL)

Analysts have been eager to weigh in on the Technology sector with new ratings on Microsoft (MSFTResearch Report), Aspen Technology, Inc. (AZPNResearch Report) and Apple (AAPLResearch Report).

Microsoft (MSFT)

Loop Capital Markets analyst Yun Kim maintained a Buy rating on Microsoft today and set a price target of $500.00. The company’s shares closed last Friday at $411.22, close to its 52-week high of $415.32.

According to TipRanks.com, Kim is a 5-star analyst with an average return of 20.8% and a 66.1% success rate. Kim covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Klaviyo, Inc. Class A, and Palo Alto Networks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $469.45 average price target, representing a 16.3% upside. In a report issued on January 31, BMO Capital also maintained a Buy rating on the stock with a $455.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Aspen Technology, Inc. (AZPN)

Aspen Technology, Inc. received a Buy rating and a $220.00 price target from Loop Capital Markets analyst Mark Schappel today. The company’s shares closed last Friday at $194.75.

According to TipRanks.com, Schappel is a 5-star analyst with an average return of 9.7% and a 60.7% success rate. Schappel covers the Technology sector, focusing on stocks such as E2open Parent Holdings, Manhattan Associates, and Clear Secure.

Aspen Technology, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $215.33, implying a 10.5% upside from current levels. In a report issued on January 31, Robert W. Baird also maintained a Buy rating on the stock with a $230.00 price target.

Apple (AAPL)

In a report released today, Ananda Baruah from Loop Capital Markets maintained a Hold rating on Apple, with a price target of $185.00. The company’s shares closed last Friday at $185.85.

According to TipRanks.com, Baruah is a 5-star analyst with an average return of 10.1% and a 52.2% success rate. Baruah covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, TD SYNNEX Corporation, and ARM Holdings PLC ADR.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $205.75 average price target, representing a 14.4% upside. In a report issued on February 1, Evercore ISI also maintained a Hold rating on the stock.

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