Technology
Alphabet, Apple, Microsoft Ratings Action After June-Quarter Earnings
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Well, that didn’t take long. After Alphabet Inc. (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL) and Microsoft Corp. (NASDAQ: MSFT) reported stellar results on Tuesday, brokerages didn’t waste any time making some changes to price targets. So far, we have spotted only one change to ratings: RBC Capital Markets resumed coverage of Microsoft with an Outperform rating and a price target increase from $290 to $360.
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Here are three tables listing all the analyst moves we have as of 10:30 a.m. Wednesday morning.
Brokerage | Rating Action | Price Target |
---|---|---|
Oppenheimer | Reiterated Outperform | $2510 » $3000 |
Susquehanna | Reiterated Positive | $3100 » $3600 |
BMO Capital Markets | Reiterated Outperform | $2700 » $3000 |
Raymond James | Reiterated Outperform | $2750 » $3200 |
Stifel | Reiterated Buy | $2700 » $3000 |
Cowen | Reiterated Outperform | $2900 » $3300 |
Guggenheim | Reiterated Buy | $2850 » $3140 |
Morgan Stanley | Reiterated Overweight | $2575 » $3000 |
Jefferies | Reiterated Buy | $2950 » $3150 |
Barclays | Reiterated Overweight | $3000 » $3200 |
Credit Suisse | Reiterated Outperform | $3350 » $3400 |
BofA Securities | Reiterated Buy | $2755 » $3150 |
Mizuho | Reiterated Buy | $2800 » $3000 |
Wolfe Research | Reiterated Outperform | $2900 » $3400 |
Needham | Reiterated Buy | $2700 » $3200 |
KeyBanc Capital Markets | Reiterated Overweight | $2681 » $3071 |
Truist | Reiterated Buy | $2800 » $3100 |
JPMorgan | Reiterated Overweight | $2875 » $3250 |
Canaccord Genuity | Reiterated Buy | $2800 » $3100 |
Brokerage | Rating Action | Price Target |
---|---|---|
Monness Crespi & Hardt | Reiterated Buy | $180 » $184 |
Morgan Stanley | Reiterated Overweight | $166 » $168 |
Barclays | Reiterated Equal Weight | $134 » $142 |
Oppenheimer | Reiterated Outperform | $160 » $165 |
Wolfe Research | Reiterated Underperform | $125 » $135 |
Deutsche Bank | Reiterated Buy | $165 » $175 |
Wells Fargo | Reiterated Overweight | $160 » $165 |
Loop Capital | Reiterated Buy | $150 » $165 |
Canaccord Genuity | Reiterated Buy | $175 » $185 |
Brokerage | Rating Action | Price Target |
---|---|---|
Griffin Securities | Reiterated Buy | $290 » $345 |
Morgan Stanley | Reiterated Overweight | $300 » $305 |
Credit Suisse | Reiterated Outperform | $300 » $320 |
Barclays | Reiterated Overweight | $325 » $330 |
Wolfe Research | Reiterated Outperform | $290 » $315 |
Citigroup | Reiterated Buy | $378 » $411 |
Mizuho | Reiterated Buy | $310 » $325 |
Cowen | Reiterated Outperform | $310 » $320 |
Stifel | Reiterated Buy | $305 » $325 |
Rosenblatt | Reiterated Buy | $333 » $349 |
BofA Securities | Reiterated Buy | $325 » $340 |
RBC Capital Markets | Resumed Outperform | $290 » $360 |
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