Apple (AAPL) Received its Third Buy in a Row

After Tigress Financial and J.P. Morgan gave Apple (NASDAQ: AAPL) a Buy rating last month, the company received another Buy, this time from Deutsche Bank. Analyst Sidney Ho maintained a Buy rating on Apple yesterday and set a price target of $175.00. The company’s shares closed last Friday at $163.43.

According to, Ho is a 5-star analyst with an average return of 22.9% and a 60.2% success rate. Ho covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Smart Global Holdings, and Dell Technologies.

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $180.42, representing an 11.9% upside. In a report issued on July 13, Citigroup also maintained a Buy rating on the stock with a $175.00 price target.

See today’s best-performing stocks on TipRanks >>

Based on Apple’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $97.28 billion and net profit of $25.01 billion. In comparison, last year the company earned revenue of $89.58 billion and had a net profit of $23.63 billion.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Apple, Inc. designs, manufactures, and sells smartphones, personal computers, tablets, wearables and accessories. It also offers a range of related services. Its products include iPhone, Mac, iPad, Apple TV, Apple Watch, Beats products, HomePod and AirPods. The services segment is comprised of AppleCare, cloud services, digital content offerings like the App Store and other content services like Apple Arcade, Apple Music, Apple News+, Apple Fitness+ and Apple TV+, payment services such as Apple Card and Apple Pay as well as advertising and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA.

Read More on AAPL:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More