JP Morgan maintained coverage of Apple (NASDAQ:AAPL) with an Overweight recommendation on April 19, 2023. The average one-year price target for Apple is $173.69, with forecasts ranging from $119.18 to $215.25, representing a 4.34% upside from the latest closing price of $166.47.

Fintel reports that the projected annual revenue for Apple is $413,641MM, reflecting a 6.74% increase. The projected annual non-GAAP EPS is $6.36.

InterOcean Capital Group holds 847K shares of Apple, an increase of 8.65% from its prior filing. Investment Partners decreased its portfolio allocation in AAPL by 76.73% over the last quarter.

First Republic Investment Management holds 11,349K shares of Apple, representing 0.07% ownership. The firm increased its shares by 1.41% from its prior filing.

There are 6402 funds or institutions reporting positions in Apple, an increase of 198 owners or 3.19% in the last quarter. The average portfolio weight of all funds dedicated to AAPL is 2.54%, a decrease of 34.03%.

Apple Inc. is an American multinational technology company known for its hardware products like the iPhone and iPad, as well as software like iOS and macOS. The company was founded in 1976 and has grown to be one of the Big Five companies in the U.S. information technology industry.

For more details, refer to the original story on Fintel.

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