Apple (AAPL) Stock: $175 Price Target From UBS

By Amit Chowdhry ● Nov 25, 2021
  • The shares of Apple Inc (NASDAQ: AAPL) have received a $175 price target from UBS. These are the details.

The shares of Apple Inc (NASDAQ: AAPL) have received a $175 price target from UBS. And UBS analyst David Vogt is maintaining a “Buy” rating on the company shares.

Vogt noted that data from the UBS Evidence Lab suggests that demand for the company’s products remains strong at the higher end. And Vogt also pointed out that the shorter wait times for Apple devices suggest that supply constraints are improving.

According to Nikkei Asia via Fool.com, Apple’s iPhone-first strategy of prioritizing the production and shipping of the company’s smartphones should mean that there will be fewer issues with the wait times for those devices. But iPads could have longer delays.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.