Apple stock rose after being added to Evercore ISI's bullish list, analysts confident in exceeding expectations

From CNBC: 2024-10-14 13:59:23

Apple stock rose on Monday after being added to Evercore ISI’s tactical outperform list. Analysts believe the stock can climb higher, even with just meeting Wall Street’s expectations. Sentiment has turned bearish, but analysts argue that concerns about softer iPhone demand in China are overblown, with strong upgrade demand in the US. Apple will post results on Oct. 31.



Read more at CNBC:: Evercore analyst says buy Apple on ability to beat low bar. We see no rush