On Nov 01, major Wall Street analysts update their ratings for $Apple (AAPL.US)$, with price targets ranging from $184 to $275.
Morgan Stanley analyst Erik Woodring maintains with a buy rating, and maintains the target price at $273.
J.P. Morgan analyst Samik Chatterjee maintains with a buy rating, and maintains the target price at $265.
BofA Securities analyst Wamsi Mohan maintains with a buy rating, and maintains the target price at $256.
Citi analyst Atif Malik maintains with a buy rating, and maintains the target price at $255.
Barclays analyst Tim Long maintains with a sell rating, and maintains the target price at $184.
Furthermore, according to the comprehensive report, the opinions of $Apple (AAPL.US)$'s main analysts recently are as follows:
Post the fiscal Q4 report, it's suggested that Apple's forecast for the December quarter indicates a modest reduction following a 'decent' Q4. The expectation is for Apple's Q1 revenue to exhibit low to mid-single-digit growth year-over-year, which falls short of the general market expectations by a margin. It's estimated that Q1 iPhone revenue will see a marginal increase of 1%, aligning with subdued supply chain observations and sales performance for the iPhone 16.
Here are the latest investment ratings and price targets for $Apple (AAPL.US)$ from 17 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
