- The shares of Apple Inc (NASDAQ: AAPL) have received a $184 price target from Rosenblatt. These are the details.
The shares of Apple Inc (NASDAQ: AAPL) have received a $184 price target from Rosenblatt. And Rosenblatt analyst Barton Crockett initiated coverage of Apple with a “Neutral” rating.
Crockett noted that China is a material risk for Apple as the company is exposed to both demand and supply shocks amid lockdowns that appear unlikely to fully abate any time soon. And Apple is also facing a tepid response to its latest update to iPhone SE and the smartphone industry is stalling on saturation.
Plus Apple’s category growth comes mainly from share gains.
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