Barclays Maintains Underweight on Apple, Raises Price Target to $187
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Underweight rating on Apple (NASDAQ:AAPL) but raises the price target from $164 to $187.
July 24, 2024 | 4:08 pm
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Barclays analyst Tim Long maintains an Underweight rating on Apple but raises the price target from $164 to $187.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals are likely to result in a neutral short-term impact on AAPL's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100