MoffettNathanson Initiates Coverage On Apple with Neutral Rating, Announces Price Target of $211
Portfolio Pulse from Benzinga Newsdesk
MoffettNathanson has initiated coverage on Apple with a Neutral rating and set a price target of $211.

August 19, 2024 | 2:28 pm
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NEUTRAL IMPACT
MoffettNathanson has initiated coverage on Apple with a Neutral rating and set a price target of $211, indicating a cautious outlook.
The Neutral rating suggests that the analyst does not expect significant upside or downside in Apple's stock price in the near term. The price target of $211 provides a specific valuation benchmark, which is important for investors to consider. This rating and target may influence investor sentiment and trading activity, but the neutral stance indicates a balanced view of potential risks and rewards.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100