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Analysts Offer Insights on Technology Companies: Viavi Solutions (VIAV) and Apple (AAPL)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Viavi Solutions (VIAVResearch Report) and Apple (AAPLResearch Report) with bullish sentiments.

Viavi Solutions (VIAV)

In a report released yesterday, Ruben Roy from Stifel Nicolaus upgraded Viavi Solutions to Buy, with a price target of $13.00. The company’s shares closed last Friday at $8.91.

According to TipRanks.com, Roy is a 5-star analyst with an average return of 20.6% and a 70.8% success rate. Roy covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Skyworks Solutions.

Currently, the analyst consensus on Viavi Solutions is a Strong Buy with an average price target of $12.67, a 45.5% upside from current levels. In a report issued on February 2, Rosenblatt Securities also maintained a Buy rating on the stock with a $13.00 price target.

See the top stocks recommended by analysts >>

Apple (AAPL)

In a report released yesterday, Amit Daryanani from Evercore ISI maintained a Buy rating on Apple, with a price target of $220.00. The company’s shares closed last Friday at $188.85.

According to TipRanks.com, Daryanani is a 5-star analyst with an average return of 12.7% and a 60.5% success rate. Daryanani covers the Technology sector, focusing on stocks such as International Business Machines, Dell Technologies, and Juniper Networks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $208.07 average price target, a 10.3% upside from current levels. In a report issued on February 2, TD Cowen also assigned a Buy rating to the stock with a $220.00 price target.

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