Apple Q1 results miss estimates as iPhone revenue drops
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Evercore ISI Removes Apple (AAPL) From Tactical Outperform List
February 3, 2023 11:30 AM ESTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "We are removing AAPL from the Tactical Outperform list as the potential catalyst for our call took place yesterday during their earnings print. AAPL reported Dec-qtr results of $117B/1.88 vs. street at $124B/1.95 with sales declining 5% y/y due to headwinds from f/x (~800bps), production... More
