Press "Enter" to skip to content

JP Morgan raises Apple price target to $175, forecasts earnings beats through 2021

JP Morgan has raised its Apple price target to $175 because of an uptick in iPhone 12 build estimates and the continued sales strength of the company’s Mac lineup.Credit: Andrew O’Hara, AppleInsider</divIn a note to investors seen by AppleInsider, analyst Samik Chatterjee says that the iPhone and Mac data leads to an increase in near-term forecasts. However, he says Apple’s momentum, led by better market share, also drives a higher sustainable volume in future quarters. Read more…
Source: Apple Insider News and Secrets on New Apple Products

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: