Apple Stock Receives A $195 Price Target (AAPL)

By Amit Chowdhry ● Feb 3, 2023
  • The shares of Apple (AAPL) recently received a $195 price target. These are the details.

Price target: Reduced from $200 to $195

Rating: Outperform

Analyst firm: Cowen

Cowen analysts adjusted the rating while noting that the company’s quarterly results were below the consensus estimates of iPhone units and weaker Mac demand. But on the plus side, the analysts believe that the near-term demand softness does not appear to be getting much worse from now on.