Apple's stock market value falls below $2 trillion
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Tigress Reiterates Strong Buy Rating on Apple (AAPL), 'near-term production headwinds create a long-term buying opportunity'
January 4, 2023 9:33 AM ESTTigress Financial Partners analyst Ivan Feinseth reiterated a Strong Buy rating and $210.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "
We reiterate our Strong Buy rating on AAPL and maintain our 12-month target of $210 as near-term production headwinds create a long-term buying opportunity, and its massive installed user base, increasing ecosystem, and growing Services revenue will continue to drive accelerating Business Performance trends, and greater shareholder value creation. While AAPL recently reported strong Q4 results, with Q4 revenue... More
Evercore ISI Defending Apple (AAPL): 'Is the Great Deceleration Over? Upside Ahead in 2023', PT $190
January 3, 2023 3:56 PM ESTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "The App Store reported its first month of growth since July with revenue up 0.2%. The improvement from -4% in November is encouraging and was largely driven by China inflecting from -12% last month to flat... More
