William Power, an analyst from Robert W. Baird, reiterated the Buy rating on Apple. The associated price target is $230.00.
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William Power’s rating is based on Apple’s strong performance in the market, as evidenced by its 4.1% increase, which led the coverage in the recent week. This positive momentum is supported by better regulatory and tariff clarity, alongside the excitement surrounding the new iPhone cycle.
Additionally, Apple’s robust position in the market and its ability to navigate challenges effectively contribute to the Buy rating. The company’s strong brand, innovative product lineup, and consistent financial performance make it a compelling investment opportunity.
In another report released today, Bank of America Securities also maintained a Buy rating on the stock with a $270.00 price target.
Based on the recent corporate insider activity of 37 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.