AAPL Stock Price Target Hiked Ahead Of iPhone Launch – But Analyst Still Sees Downside Amid CEO Transition
Rosenblatt raised Apple’s price target to $303, but the new target still implies roughly 4.4% downside from current levels. Rosenblatt expects higher iPhone prices and a greater mix of premium products to help Apple manage supply-chain pressures. The firm sees stronger product innovation as key to Apple justifying its premium valuation. Apple’s new CEO John … Read more