Warren Buffett sold Apple stock, but analysts remain optimistic about the company's future

From Nasdaq: 2024-08-10 08:37:16

Apple Inc. remains a tech giant, dominating with innovative hardware and software, garnering unwavering investor interest. Despite Warren Buffet slashing Apple holdings, AAPL stock maintains its allure. With a robust dividend and massive share repurchase authorization, Apple continues to reward shareholders. Apple’s strong Q3 results have analysts optimistic about future growth, especially with AI advancements on the horizon. Despite recent stock dips, multiple analysts maintain a positive outlook on Apple, expecting significant upside potential. With a consensus “Moderate Buy” rating and a mean price target of $239.41, analysts forecast a 10.7% upside for AAPL, signaling a compelling opportunity for investors.



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