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Analysts Offer Insights on Technology Companies: Intel (INTC), Fortinet (FTNT) and Apple (AAPL)

Analysts fell to the sidelines weighing in on Intel (INTCResearch Report), Fortinet (FTNTResearch Report) and Apple (AAPLResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Fortinet (FTNT)

Bernstein analyst Peter Weed maintained a Hold rating on Fortinet today and set a price target of $76.00. The company’s shares closed last Monday at $68.39.

According to TipRanks.com, Weed is a 4-star analyst with an average return of 14.8% and a 60.0% success rate. Weed covers the Technology sector, focusing on stocks such as Zoom Video Communications, CrowdStrike Holdings, and Palo Alto Networks.

Currently, the analyst consensus on Fortinet is a Hold with an average price target of $75.07, which is a 7.2% upside from current levels. In a report issued on April 3, Piper Sandler also maintained a Hold rating on the stock with a $75.00 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 Monday at $168.45.

According to TipRanks.com, Sacconaghi is a 5-star analyst with an average return of 18.2% and a 64.7% 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 $202.84, implying a 20.0% upside from current levels. In a report issued on March 27, DZ BANK AG also downgraded the stock to Hold with a $180.00 price target.

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