Apple (AAPL) remains underweighted by fund managers - BofA

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Apple (AAPL) expands hiring freeze and stalls bonuses as part of cost cutting effort - Bloomberg

March 14, 2023 2:07 PM EDT

Apple (NASDAQ: AAPL) is stalling bonuses for some of its corporate divisions and expanding a cost-cutting effort, Bloomberg reported on Tuesday.

Citing sources, the publication states that the tech giant is joining its Silicon Valley counterparts in trying to streamline operations during the current uncertain macroeconomic... More

Evercore ISI believes Apple premium valuation could expand further

March 14, 2023 8:26 AM EDT

Apple's (NASDAQ: AAPL) premium valuation could further expand, according to Evercore ISI analyst Amit Daryanani.

Evercore ISI currently has an Outperform rating and a $190 price target on Apple shares. While Daryanani acknowledged that investors have been somewhat critical of the firm's recent bullishness on Apple, he maintained his positive stance on the stock.... More