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Evercore ISI Reiterates Outperform Rating on Apple (AAPL)

December 3, 2024 4:19 PM EST

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $250.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "ALL YOU NEED TO KNOW: App Store revenue grew +16% in November, a small acceleration vs the 15% growth rate in October. Apple guided services growth to ~13% in the Dec-qtr, so if App Store revenue can maintain this growth rate it should support... More