Apple (AAPL) PT Raised to $184 at Monness, Crespi, Hardt

Monness, Crespi, Hardt analyst Brian White raised the price target on Apple (NASDAQ: AAPL) to $184.00 (from $180.00) while maintaining a Buy rating.

The analyst commented, "Last night, Apple reported strong 3Q:FY21 results and the focus now turns to the iPhone 13. During this crisis, we believe Apple has enhanced its value proposition in the eyes of the world by introducing new innovations, supporting a more digital lifestyle, and attracting new consumers to Planet Apple; however, a shifting political landscape and society’s growing suspicion of Big Tech places Apple in a more vulnerable position than in past years. We are increasing our estimates and raising our 12-month price target to $184 from $180."

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