DA Davidson Initiates Coverage On Apple with Neutral Rating, Announces Price Target of $166
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria has initiated coverage on Apple Inc. (AAPL) with a Neutral rating and set a price target of $166.

January 03, 2024 | 7:46 pm
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NEUTRAL IMPACT
Apple Inc. receives a Neutral rating from DA Davidson with a price target of $166.
The initiation of coverage by DA Davidson with a Neutral rating and a specific price target provides investors with an additional professional analysis to consider. However, as a Neutral rating suggests no clear positive or negative direction, the short-term impact on Apple's stock price is likely to be minimal. The price target of $166 may slightly influence investor expectations but is not a strong enough signal to suggest a significant price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100