Blurbs

Apple (AAPL) Receives a Buy from Monness

Monness analyst Brian White maintained a Buy rating on Apple (AAPLResearch Report) today and set a price target of $199.00. The company’s shares closed last Thursday at $159.22.

According to TipRanks.com, White is a 5-star analyst with an average return of 17.5% and a 62.7% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Alphabet Class A, and Meta Platforms.

Currently, the analyst consensus on Apple is a Strong Buy with an average price target of $188.11, implying a 15.8% upside from current levels. In a report issued on January 13, J.P. Morgan also maintained a Buy rating on the stock with a $210.00 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $182.94 and a one-year low of $116.21. Currently, Apple has an average volume of 96.49M.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AAPL in relation to earlier this year.

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