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Apple Q4 Results 'Better-Than-Feared': Analysts Highlight iPhone 16 Demand, Apple Intelligence Opportunity After 'Rock Solid Quarter'

Benzinga ·  00:19

Apple Inc(NASDAQ:AAPL) beat analysts' fourth-quarter revenue and earnings estimates, but guidance that came in below estimates has analysts questioning the future outlook after Thursday's report.

The Apple Analysts:

  • Bank of America analyst Wamsi Mohan reiterated a Buy rating on Apple with a $256 price target.
  • Goldman Sachs analyst Michael Ng maintained a Buy rating and raised the price target from $275 to $286.
  • Wedbush analyst Daniel Ives maintained an Outperform rating with a $300 price target.
  • KeyBanc analyst Brandon Nispel reiterated an Underweight rating with a $200 price target.
  • Piper Sandler analyst Matt Farrell reiterated a Neutral rating with a $225 price...
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