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Evercore ISI on Apple (AAPL) App Store Update: 'Deceleration Less than Feared'
April 2, 2024 4:08 PM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "App Store revenue grew +13% in the month of March with continued growth across all categories. This brings the quarterly growth rate to 13%, which could indicate some potential upside to Apples guidance for 11% Services growth in the Mar-qtr. The 13% growth rate in March is a... More
Evercore: 'We continue to think Apple (AAPL) becomes an AI winner'
April 2, 2024 1:14 PM EDTAnalysts at Evercore ISIS continue to believe that Apple (NASDAQ: AAPL) will become an AI winner. The firm maintained an Outperform rating and $220 price target on the stock in a note on Tuesday.
The firm said Apple researchers published a paper yesterday that detailed Apple's latest AI innovation, ReALM (Reference Resolution As Language... More
Evercore ISI on Apple (AAPL): 'We continue to think Apple becomes an AI winner...'
April 2, 2024 11:06 AM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "ALL YOU NEED TO KNOW: Researchers at Apple published a paper yesterday that detailed Apples latest AI innovation dubbed ReALM (Reference Resolution As Language Modeling). Apple has indicated that its smaller ReALM models performed similarly to... More
Apple (AAPL) PT Lowered to $170 at Loop Capital, 'Demand, Competition and ASPs Takes Another Bite'
April 1, 2024 7:21 AM EDT(Updated - April 1, 2024 7:31 AM EDT)
Loop Capital analyst Ananda Baruah lowered the price target on Apple (NASDAQ: AAPL) to $170.00 (from $185.00) while maintaining a Hold rating.
The analyst comments "Reducing our PT to $170 as were adjusting our AAPL estimates... More
