Fintel reports Wells Fargo maintains coverage of Apple (NASDAQ:AAPL) with an Overweight recommendation. Analysts forecast a 0.16% upside with an average one-year price target of 192.24, ranging from 141.40 to $252.00. Projected annual revenue for Apple is 413,641MM, with a non-GAAP EPS of 6.36.

There are 6390 funds reporting positions in Apple, a decrease of 0.23% in the last quarter. The average portfolio weight for AAPL is 3.91%, with institutions owning 14,010,479K shares. The put/call ratio for AAPL is 0.89, indicating a bullish outlook.

Berkshire Hathaway holds 915,560K shares of Apple, representing 5.82% ownership. Vanguard Total Stock Market Index Fund Investor Shares increased its portfolio allocation in AAPL by 18.69% over the last quarter, holding 465,280K shares. Geode Capital Management increased its portfolio allocation by 18.38%, holding 285,171K shares.

Apple Inc. is a multinational technology company known for its hardware products like the iPhone and iPad, software including iOS and macOS, and online services like Apple Music and iCloud. Founded in 1976, it is one of the Big Five tech companies in the U.S. For more information, visit Fintel’s original article.

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