Rosenblatt upgraded Apple from Neutral to Buy, with an average price target of $210.30.

From Nasdaq: 2024-06-26 08:50:47

Fintel reports Rosenblatt upgraded Apple’s outlook from Neutral to Buy on June 26, 2024. The average price target for Apple is $210.30, with a range of $165.64 to $288.75. Forecasted annual revenue is $436,698MM, with a projected non-GAAP EPS of 6.93. 6,891 funds or institutions own Apple shares, with a bullish put/call ratio of 0.65.

Top shareholders in Apple include Berkshire Hathaway, Vanguard Total Stock Market Index Fund, Vanguard 500 Index Fund, Geode Capital Management, and Price T Rowe Associates. These shareholders have adjusted their portfolio allocations, showing changes in ownership percentages and the number of shares held.

Apple Inc. is a technology company that designs and sells consumer electronics, software, and services. Its products include the iPhone, iPad, Mac, Apple Watch, and more. The company was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Apple is considered one of the Big Five companies in the U.S. tech industry.

Fintel is an investing research platform offering data on fundamentals, analyst reports, ownership, fund sentiment, insider trading, and more. Its stock picks are powered by advanced quantitative models. Visit Fintel to learn more about investing insights and updates on companies like Apple. This news was originally published on Fintel’s website.

Disclaimer: The author’s views expressed in this summary do not necessarily reflect those of Nasdaq, Inc.



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