UBS Maintains Neutral on Apple, Raises Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
UBS analyst David Vogt maintains a Neutral rating on Apple (NASDAQ:AAPL) but raises the price target from $190 to $236.
September 04, 2024 | 2:03 pm
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UBS analyst David Vogt maintains a Neutral rating on Apple but raises the price target from $190 to $236, indicating a positive outlook on the stock's potential.
The increase in the price target from $190 to $236 suggests that UBS sees potential upside in Apple's stock, which could positively influence investor sentiment and lead to a short-term price increase. However, the Neutral rating indicates that UBS does not see a strong enough catalyst to warrant a Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100