JP Morgan Maintains Overweight on Apple, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Apple (AAPL) and raises the price target from $210 to $225.
May 03, 2024 | 3:16 pm
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POSITIVE IMPACT
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Apple and raises the price target from $210 to $225.
The increase in price target by a reputable analyst like Samik Chatterjee from JP Morgan is a strong positive signal for Apple's stock. It suggests confidence in Apple's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100