Tech Stocks in the News: Apple Inc.(NASDAQ:AAPL), Google (NASDAQ:GOOG), Facebook (NASDAQ:FB), Yahoo! Inc. (NASDAQ:YHOO)

Apple (NASDAQ:AAPL), concerned that repatriating its offshore cash would incur “significant” tax consequences, is preparing for another $17B or so of domestic and international bond sales to fund its recently increased stock buyback plans, reported Financial Times last week.

Analysts have a consensus price target of $627 on Apple Inc.(NASDAQ:AAPL) which indicates a 2.14% upside. The consensus rating of the stock is a BUY with a score of 2.60. There are currently 13 Hold ratings, 2 Sell ratings and 28 Buy ratings on the stock.

A recent analyst action consisted of Erste Group upgrading the stock from a sell to a hold on May 19, 2014.

In an effort to rival Google (NASDAQ:GOOG) and Apple (NASDQ:AAPL)’s software, Facebook (NASDAQ:FB) is set to encourage developers that the company has software that makes it easier to construct apps for mobile phones as well as the necessities that help programmers sell those wares to its 1.28B users, reported Bloomberg.

Analysts have a consensus price target of $921 on Google, Inc.(NASDAQ:GOOGL) which indicates a 63% upside. The consensus rating of the stock is a BUY with a score of 2.80. There are currently 5 Hold Ratings and 20 Buy ratings on the stock.

The most recent analyst action consisted of Argus reiterating their Buy rating and $675 price target on April 21st.

Analysts have a consensus price target of $73.80 on Facebook Inc. (NASDAQ:FB) which indicates a 20% upside. The consensus rating of the stock is a BUY with a score of 2.82. There are currently 7 Hold Ratings and 31 Buy ratings on the stock.

The most recent analyst action consisted of Evercore Partners upgrading the stock from Equal Weight to Overweight and boosting their price target from $69 to $75 on May 22nd.

Aibaba (NASDAQ:YHOO) is increasing its patent holdings in the U.S., and analysts say the move could help the company avoid issues that struck Google (GOOG), Facebook (FB) and Twitter (TWTR) prior to their IPOs, reported Bloomberg. The e-commerce company has obtained 102 U.S. patents so far.

Analysts have a consensus price target of $39.67 on Yahoo! Inc. (NASDAQ:YHOO) which indicates a 13% upside. The consensus rating of the stock is a BUY with a score of 2.65. There are currently 9 Hold Ratings, 21 Buy ratings and 1 Sell ratings on the stock.

The most recent analyst action consisted of ING reiterating their Outperform rating and boosting their price target on the stock from $45 to $47 on May 23rd.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>