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Recent Tech Companies See Changing Analyst Ratings

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Analysts are bullish on Apple

Apple’s (AAPL) analyst estimate of $160 per share implies a 4.6% rise from its current level. On May 8, 2017, investment bank Drexel Hamilton raised its target price from $185 to $202. 

Meanwhile, Royal Bank of Canada raised its target price from $155 to $157 and gave an “outperform” rating on the stock. UBS Group raised its target price on Apple stock from $165 to $200.

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Microsoft receives a “buy” rating

Microsoft’s (MSFT) analyst estimate of $73.70 per share implies a potential gain of 6.8% from its current level. Oppenheimer reiterated its “buy” rating on Microsoft and set a price target of $75.00.

Morningstar also reiterated a “buy” rating on the stock. Goldman Sachs increased its target on the stock from $72.00 to $78.00 and gave it a “buy” rating. 

Facebook rated as “outperform” after announcing good numbers

Facebook’s (FB) analysts’ estimate of $168.80 suggests a potential gain of 11.7% from its current level. The stock had its “outperform” rating reiterated by Wells Fargo, which had a $170.00 price target that was up from its previous price target of $157.50. 

However, Barclays reiterated its “neutral” rating. Goldman Sachs reaffirmed its “buy” rating on the social networking stock. It currently has a price target of $180.00.

Analysts are neutral to bullish on Nvidia

Nvidia’s (NVDA) analyst estimate of $110.00 implies a potential gain of 7.0% from its current level. Goldman Sachs restated its “buy” rating and gave a target price of $130.00. 

Jefferies reiterated its “buy” rating on the stock with a target price of $140.00. However, Pacific Crest reiterated its “underweight” rating with a target price of $90.00.

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