Two Giant Tech Analyst Targets (AAPL, GOOG, EMC, DELL, HPQ)

There have been two standout research calls this morning in two of the darlings of tech and internet investors.  Goldman Sachs, in a broader technology group call, put a Conviction Buy List rating on Apple Inc. (NASDAQ: AAPL) along with a new share price target of $430.00 per share.  Wedbush Morgan Raised Google Inc. (NASDAQ: GOOG) to “Outperform” from Neutral and assigned a $750.00 price target objective.

There were other less noticed calls.  Goldman Sachs was also positive on EMC Corporation (NYSE: EMC) with a Buy rating and $27 price target.  The call was bad for PC-makers: Dell Inc. (NASDAQ: DELL) and Hewlett-Packard Co. (NYSE: HPQ) were both given SELL ratings.  Dell’s target is $10 and $38 was given as a target for H-P.

As far as how the $430.00 target of Apple compares, that is a call for 34% upside from Friday’s $320.56 close.  For Google, the $750 Wedbush target implies about 26% upside from the $592.21 close on Friday.

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JON C. OGG