Citigroup Reiterates Buy on Apple, Maintains $240 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik has reiterated a 'Buy' rating on Apple (NASDAQ:AAPL) and maintained a price target of $240.
August 04, 2023 | 3:04 pm
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Citigroup analyst Atif Malik has reiterated a 'Buy' rating on Apple and maintained a price target of $240.
The reiteration of a 'Buy' rating by Citigroup indicates a positive outlook for Apple's stock. The maintained price target of $240 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100