Tech Stocks in the News: Apple Inc.(NASDAQ:AAPL), Google, Inc.(NASDAQ:GOOGL)

AAPL NASDAQ AAPL Apple

Apple Inc.(NASDAQ:AAPL) is offering a program to replace faulty iPhone 5 sleep/wake buttons free of charge, the Wall Street Journal reports. The program is being offered for iPhone 5 handsets built before April 2013.

Analysts have a consensus price target of $593 on Apple Inc.(NASDAQ:AAPL) which indicates a 14% upside. The consensus rating of the stock is a BUY with a score of 2.71. There are currently 9 Hold ratings, 2 Sell ratings and 30 Buy ratings on the stock.

A recent analyst action consisted of Citigroup reiterating their Hold rating and $570 price target.

AAPL has a 50 day moving average of $533 and a 200 day moving average of $532. The current quarter consensus EPS estimate stands at $43.98.

BetaNews reported on Friday that Samsung is delaying availability of its new Google Chromebook, with shipping beginning “at the end of May.” This follows official pre-orders that Samsung began on April 7 with expected delivery in 14 to 21 business days.

Analysts have a consensus price target of $675 on Google, Inc.(NASDAQ:GOOGL) which indicates a 24.85% upside. The consensus rating of the stock is a BUY with a score of 2.75. There are currently 1 Hold Rating and 3 Buy ratings on the stock.

The most recent analyst action consisted of Argus reiterating their Buy rating on the stock with a $675 price target.

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