Loop Capital Upgrades Apple to Buy, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has upgraded Apple (NASDAQ:AAPL) from Hold to Buy and raised the price target from $170 to $300, according to analyst Ananda Baruah.
July 15, 2024 | 12:10 pm
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POSITIVE IMPACT
Loop Capital has upgraded Apple from Hold to Buy and significantly raised the price target from $170 to $300. This indicates strong confidence in Apple's future performance.
The upgrade from Hold to Buy and the substantial increase in the price target suggest that Loop Capital sees significant upside potential in Apple's stock. This is likely to positively impact the stock price in the short term as investors react to the bullish outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100