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Analysts’ Top Technology Picks: Apple (AAPL), Monolithic Power (MPWR)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Apple (AAPLResearch Report), Monolithic Power (MPWRResearch Report) and SS&C Technologies Holdings (SSNCResearch Report) with bullish sentiments.

Apple (AAPL)

Rosenblatt Securities analyst Barton Crockett maintained a Buy rating on Apple today and set a price target of $189.00. The company’s shares closed last Thursday at $144.80.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 3.4% and a 52.0% success rate. Crockett covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class B, Liberty Media Liberty SiriusXM, and Live Nation Entertainment.

Currently, the analyst consensus on Apple is a Strong Buy with an average price target of $181.89, which is a 22.8% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $170.00 price target.

See today’s best-performing stocks on TipRanks >>

Monolithic Power (MPWR)

In a report released today, Quinn Bolton from Needham maintained a Buy rating on Monolithic Power, with a price target of $450.00. The company’s shares closed last Thursday at $329.48, close to its 52-week low of $301.69.

According to TipRanks.com, Bolton is a top 25 analyst with an average return of 34.2% and a 61.3% success rate. Bolton covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Rockley Photonics Holdings, and Navitas Semiconductor.

Monolithic Power has an analyst consensus of Strong Buy, with a price target consensus of $514.90, which is a 51.5% upside from current levels. In a report issued on October 18, Deutsche Bank also maintained a Buy rating on the stock with a $410.00 price target.

SS&C Technologies Holdings (SSNC)

Needham analyst Mayank Tandon maintained a Buy rating on SS&C Technologies Holdings today and set a price target of $65.00. The company’s shares closed last Thursday at $49.42, close to its 52-week low of $45.25.

According to TipRanks.com, Tandon is a 5-star analyst with an average return of 7.4% and a 45.6% success rate. Tandon covers the Technology sector, focusing on stocks such as Duck Creek Technologies, Grid Dynamics Holdings, and Sapiens International.

SS&C Technologies Holdings has an analyst consensus of Strong Buy, with a price target consensus of $68.67, a 38.8% upside from current levels. In a report issued on October 14, RBC Capital also maintained a Buy rating on the stock with a $67.00 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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