Apple's Luca Maestri to step down as CFO; analysts share their views

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Citi Reiterates Buy Rating on Apple (AAPL)

August 29, 2024 5:22 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $255.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "We maintain our estimates and $255 TP based on QTD supply chain and third party datapoints. Overall, we are a) ok with the recent CFO... More

Apple (AAPL) PT Raised to $295 at Tigress Financial Partners, 'We believe further upside in the shares exists'

August 28, 2024 10:48 AM EDT

Tigress Financial Partners analyst Ivan Feinseth raised the price target on Apple (NASDAQ: AAPL) to $295.00 while maintaining a Strong Buy rating.

The analyst comments "We reiterate our Strong Buy rating on AAPL and increase our 12-month target price to $295 as the upcoming introduction of the new Apple Intelligence-enabled iPhone 16 will drive a significant new upgrade cycle and, combined with increasing Services growth and accelerated revenue, cash flow growth and ongoing gains in shareholder value. AAPLs expanding ecosystem will continue to increase, driven by its cadence of new product introductions, including... More

Wedbush Reiterates Outperform Rating on Apple (AAPL) Post CFO Departure

August 27, 2024 6:51 AM EDT

Wedbush analyst Daniel Ives reiterated an Outperform rating and $285.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Apple CFO set to hand the baton off. After the bell Apple's longtime CFO Luca Maestri announced he will be leaving his... More