Apple's new iPhone sales in China jump 20% in first 3 weeks, Counterpoint says

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CFRA Reiterates Buy Rating on Apple (AAPL)

October 21, 2024 4:28 PM EDT

CFRA analyst T. Michael Walkley reiterated a Buy rating and $260.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "We keep our 12-month target at $260, on a P/E of 31x to our CY 26 EPS of $8.30, above historical to reflect AI prospects/improving FCF. We hold our FY... More

JPMorgan Reiterates Overweight Rating on Apple (AAPL)

October 21, 2024 7:00 AM EDT

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $265.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "In Week 6 of our Apple Product Availability Tracker, delivery lead times for Pro models started to moderate across all geographies, after being stable for about four weeks, while... More