US mega-cap tech stocks recorded sharp gains on Thursday following the release of inflation data for the month of October. Consumer price index increased 0.4% for the month and 7.7% year-over-year, recording its lowest annual rise since January and compared to the 8.2% annual rate in the previous month.
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 mega-cap tech stocks from several analysts, according to Benzinga Analyst Stock Ratings.
Amazon.com, Inc. (NASDAQ:AMZN)
Recent Analyst Ratings
- Tigress Financial’s analyst Ivan Feinseth maintained a Buy rating on the company's stock on November 2, 2022, but lowered the price target from $232 to $192.
- Accuracy Rate: 48%
- DA Davidson’s analyst Tom Forte reiterated a Buy rating the company's stock on October 28, 2022, but cut the price target from $151 to $114.
- Accuracy Rate: 79%
- Recent News: Amazon recently reported worse-than-expected Q3 sales results and issued Q4 sales guidance below analyst estimates.
Apple Inc. (NASDAQ:AAPL)
Recent Analyst Ratings
- UBS analyst David Vogt maintained a Buy rating on the company’s stock on November 8, 2022, but lowered the price target from $185 to $180.
- Accuracy Rate: 48%
- Morgan Stanley’s analyst Erik Woodring maintained an Overweight rating on the company’s stock on November 8, 2022, but slashed the price target from $177 to $175.
- Accuracy Rate: 33%
- Recent News: Apple hired a startup founder and former Meta Platforms Facebook executive to run its information systems group after departures in that department, Bloomberg reported.
Alphabet Inc. (NASDAQ:GOOG)
Recent Analyst Ratings
- Oppenheimer’s analyst Jason Helfstein maintained an Outperform rating on the company’s stock on October 26, 2022, but cut the price target from $155 to $135.
- Accuracy Rate: 60%
- Deutsche Bank’s analyst Benjamin Black maintained a Buy rating on the company's stock on October 26, 2022, but lowered the price target from $130 to $120.
- Accuracy Rate: 32%
- Recent News: Renault expanded its partnership with Alphabet’s Google to accelerate the group's digitalization.
Microsoft Corporation (NASDAQ:MSFT)
Recent Analyst Ratings
- Macquarie’s analyst Sarah Hindlian initiated a Neutral rating on the company’s stock on November 2, 2022, with a price target of $234.
- Accuracy Rate: 65%
- Rosenblatt’s analyst Blair Abernethy reiterated a Buy rating on the company's stock on October 27, 2022, but reduced the price target from $300 to $285.
- Accuracy Rate: 33%
- Recent News: Microsoft recently reported better-than-expected Q1 EPS and sales results.
