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UPDATE: Rosenblatt Upgrades Apple (AAPL) to Buy, 'Our Survey Says Consumers Love It'

September 29, 2022 6:31 AM EDT
Get Alerts AAPL Hot Sheet
Price: $141.17 -2.11%

Rating Summary:
    46 Buy, 17 Hold, 5 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 5 | Down: 13 | New: 17
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(Updated - September 29, 2022 6:32 AM EDT)

Rosenblatt analyst Barton Crockett upgraded Apple (NASDAQ: AAPL) from Neutral to Buy with a price target of $189.00 (from $160.00).

The analyst comments "We upgrade Apple to Buy from Neutral, and move our price target up $29 to $189. Our survey of over 1,100 U.S. adults was constructive, highlighting substantial interest in the company's new iPhone 14 Pro Max and Ultra watch. We see reason to believe that consumers in other countries share this enthusiasm, prompting us to embrace more constructive near-term and long-term estimates."

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $149.84 yesterday.


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