Reported 1 day ago
Jim Cramer expressed his agreement with a bullish outlook from Evercore for Apple Inc. (AAPL), which raised its price target from $260 to $275. He believes the recent sell-off following Apple’s Siri update delay was exaggerated and emphasized the company’s strong free cash flow and commitment to quality. Analysts suggest Apple is well-positioned for steady earnings growth through 2029, with significant opportunities in AI monetization.
Source: YAHOO