Apple, NVIDIA And Other Tech Stocks From Wall Street's Most Accurate Analysts

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Here's a look at some of the top information technology stocks from several analysts, according to Benzinga Analyst Stock Ratings.

Apple Inc. AAPL

  • JP Morgan analyst Samik Chatterjee maintained an Overweight rating on Sept. 8, 2023, and slashed the price target from $235 to $230. This analyst sees around 28% upside in the stock and has an accuracy rate of 74%.
  • Wedbush analyst Daniel Ives reiterated an Outperform rating with a price target of $230 on Sept. 9, 2023. This analyst sees the stock gaining 28% and has an accuracy rate of 73%.
  • Recent News: The soon-to-be-launched Apple’s iPhone 15 Pro models are set to be considerably lighter due to a change in materials used, while the base model iPhone 15 will retain similar dimensions and weight to its forerunner.

Microsoft Corporation MSFT

  • Oppenheimer analyst Timothy Horan reiterated an Outperform rating with a price target of $410 on July 28, 2023. Horan sees an upside of 21% in the stock and has an accuracy rate of 71%.
  • Morgan Stanley analyst Keith Weiss reiterated an Overweight rating with a price target of $415 on July 28, 2023. This analyst sees around 23% surge in the stock and has an accuracy rate of 76%.
  • Recent News: Microsoft announced a collaboration with digital pathology provider Paige to develop the world's largest image-based artificial intelligence model for cancer detection.

Advanced Micro Devices, Inc. AMD

  • JP Morgan analyst Harlan Sur maintained a Neutral rating and boosted the price target from $92 to $130 on Aug. 2, 2023. This analyst sees around 23% surge in the stock and has an accuracy rate of 72%.
  • B of A Securities analyst Vivek Arya maintained a Neutral rating and increased the price target from $130 to $132 on Aug. 2, 2023. This analyst sees the stock gaining around 25% and has an accuracy rate of 82%.
  • Recent News: AMD issued third-quarter guidance with a midpoint below estimates.

NVIDIA Corporation NVDA

  • Truist Securities analyst William Stein maintained a Buy rating and raised the price target from $545 to $668 on Aug. 24, 2023. This analyst sees around 48% rise in the stock and has an accuracy rate of 80%.
  • Craig-Hallum analyst Richard Shannon maintained a Buy rating and boosted the price target from $500 to $700 on Aug. 24, 2023. Shannon sees the stock surging around 55%, and has an accuracy rate of 70%.
  • Recent News: NVIDIA joined hands with Tata Group to drive AI infrastructure advancement in India.

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