Analysts Have Conflicting Sentiments on These Technology Companies: Nvidia (NVDA), Apple (AAPL) and Fortinet (FTNT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Nvidia (NVDA – Research Report), Apple (AAPL – Research Report) and Fortinet (FTNT – Research Report).

Nvidia (NVDA)

In a report released today, John Vinh from KeyBanc maintained a Buy rating on Nvidia, with a price target of $180.00. The company’s shares closed last Monday at $140.15, close to its 52-week high of $149.77.

According to TipRanks.com, Vinh is a 5-star analyst with an average return of 20.9% and a 59.8% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Silicon Laboratories.

Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $164.29, a 17.8% upside from current levels. In a report issued on November 12, Redburn Atlantic also initiated coverage with a Buy rating on the stock with a $178.00 price target.

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Apple (AAPL)

KeyBanc analyst Brandon Nispel maintained a Sell rating on Apple today and set a price target of $200.00. The company’s shares closed last Monday at $228.02, close to its 52-week high of $237.49.

According to TipRanks.com, Nispel is a 4-star analyst with an average return of 6.5% and a 59.3% success rate. Nispel covers the NA sector, focusing on stocks such as Cogent Comms, Wideopenwest, and T Mobile US.

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $246.49, which is a 9.4% upside from current levels. In a report issued on November 5, Barclays also assigned a Sell rating to the stock with a $184.00 price target.

Fortinet (FTNT)

Mizuho Securities analyst Gregg Moskowitz maintained a Sell rating on Fortinet yesterday and set a price target of $68.00. The company’s shares closed last Monday at $91.88.

According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of 13.5% and a 59.2% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and Palantir Technologies.

Currently, the analyst consensus on Fortinet is a Moderate Buy with an average price target of $86.36.

Read More on NVDA:

• Super Micro Stock Soars 40% on Hiring New Auditor and Averting Delisting
• All Eyes on Nvidia Stock Ahead of Earnings; Here’s What Oppenheimer Expects
• Nvidia (NVDA) Teams Up with Google to Improve Quantum Computer Designs
• Nvidia opens BioNeMo to scale digital biology for global biopharma
• Nvidia releases cuPyNumeric accelerated computing library