Barclays Reiterates Equal-Weight on Apple, Maintains $167 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has reiterated an Equal-Weight rating on Apple (NASDAQ:AAPL) and maintained a price target of $167.
September 19, 2023 | 10:37 am
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Barclays has reiterated an Equal-Weight rating on Apple and maintained a price target of $167.
The news is directly about Apple and its stock rating by Barclays. The Equal-Weight rating suggests that Barclays believes Apple's stock is fairly valued, and the maintained price target indicates that they do not expect significant price movement in the short term. This is likely to have a neutral impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100