The Analyst Landscape: 49 Takes On Apple
Portfolio Pulse from Benzinga Insights
Over the past three months, 49 analysts have evaluated Apple (NASDAQ:AAPL), with a range of opinions from bullish to bearish. The average 12-month price target for Apple has increased by 6.1% to $250.8. Analysts have maintained or raised their ratings, with some setting high price targets up to $300. Apple's financials show strong profitability and growth, but concerns about its debt-to-equity ratio remain.
September 25, 2024 | 6:01 pm
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Apple has received a diverse set of analyst ratings, with an average 12-month price target of $250.8, up 6.1% from previous estimates. Analysts have maintained or raised their ratings, with some setting high price targets up to $300. Apple's financials show strong profitability and growth, but concerns about its debt-to-equity ratio remain.
The increase in the average price target and the maintenance or raising of ratings by analysts suggest a positive short-term outlook for Apple's stock. The high price targets indicate confidence in Apple's market position and financial performance. However, the debt-to-equity ratio is a concern that could impact investor sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100