S&P 500 rises as slowing inflation bolsters Fed pause bets; Fed meeting underway

Go back to S&P 500 rises as slowing inflation bolsters Fed pause bets; Fed meeting underway

Apple (AAPL) institutional ownership has increased YTD - Bernstein

June 14, 2023 8:02 AM EDT

Bernstein analyst Toni Sacconaghi believes institutions being underweight Apple (NASDAQ: AAPL) and the tech giant's buybacks could be uniquely helping the stock.

The analyst, who has a Market Perform rating and $175 price target on AAPL shares, said that Apple has been a... More