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Analysts Offer Insights on Technology Companies: Apple (AAPL), Par Technology (PAR) and Wix (WIX)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Apple (AAPLResearch Report), Par Technology (PARResearch Report) and Wix (WIXResearch Report) with bullish sentiments.

Apple (AAPL)

In a report released today, Samik Chatterjee from J.P. Morgan maintained a Buy rating on Apple, with a price target of $200.00. The company’s shares closed last Wednesday at $149.84.

According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of 9.4% and a 46.6% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

Currently, the analyst consensus on Apple is a Strong Buy with an average price target of $183.74, which is a 24.5% upside from current levels. In a report issued on September 20, Evercore ISI also maintained a Buy rating on the stock with a $190.00 price target.

See the top stocks recommended by analysts >>

Par Technology (PAR)

Needham analyst Mayank Tandon reiterated a Buy rating on Par Technology today and set a price target of $53.00. The company’s shares closed last Wednesday at $30.55, close to its 52-week low of $28.87.

According to TipRanks.com, Tandon is a 4-star analyst with an average return of 6.1% and a 44.1% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Duck Creek Technologies, and Grid Dynamics Holdings.

Currently, the analyst consensus on Par Technology is a Moderate Buy with an average price target of $50.60.

Wix (WIX)

Oppenheimer analyst Kenneth Wong upgraded Wix to Buy today and set a price target of $110.00. The company’s shares closed last Wednesday at $77.33, close to its 52-week low of $53.12.

According to TipRanks.com, Wong is a 3-star analyst with an average return of 1.3% and a 40.8% success rate. Wong covers the Technology sector, focusing on stocks such as Procore Technologies, BigCommerce Holdings, and Altair Engineering.

Currently, the analyst consensus on Wix is a Strong Buy with an average price target of $96.29, a 32.9% upside from current levels. In a report issued on September 19, Truist Financial also reiterated a Buy rating on the stock with a $120.00 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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