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Analysts Offer Insights on Technology Companies: Apple (AAPL), Intel (INTC) and KLA (KLAC)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Apple (AAPLResearch Report), Intel (INTCResearch Report) and KLA (KLACResearch Report).

Apple (AAPL)

In a report released yesterday, Kyle McNealy from Jefferies maintained a Buy rating on Apple, with a price target of $200.00. The company’s shares closed last Thursday at $157.35.

McNealy has an average return of 44.7% when recommending Apple.

According to TipRanks.com, McNealy is ranked #1339 out of 7984 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $180.08 average price target, which is a 14.4% upside from current levels. In a report issued on July 20, Canaccord Genuity also maintained a Buy rating on the stock with a $200.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Intel (INTC)

In a report released today, Mark Lipacis from Jefferies maintained a Hold rating on Intel, with a price target of $37.00. The company’s shares closed last Thursday at $39.71.

According to TipRanks.com, Lipacis is a top 25 analyst with an average return of 28.6% and a 68.2% success rate. Lipacis covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Smart Global Holdings, and NXP Semiconductors.

The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $39.94 average price target, implying a 0.6% upside from current levels. In a report released today, Robert W. Baird also downgraded the stock to Hold with a $40.00 price target.

KLA (KLAC)

In a report released today, Vedvati Shrotre from Jefferies reiterated a Buy rating on KLA, with a price target of $423.00. The company’s shares closed last Thursday at $369.98.

Shrotre has an average return of 17.4% when recommending KLA.

According to TipRanks.com, Shrotre is ranked #4694 out of 7984 analysts.

KLA has an analyst consensus of Moderate Buy, with a price target consensus of $394.07, representing a 6.5% upside. In a report released today, Needham also upgraded the stock to Buy with a $395.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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