Evercore ISI Reaffirms Buy Rating for Apple Due to Strong iPhone Sales and AI Strategy

Reported about 1 year ago

Evercore ISI has reiterated its positive outlook on Apple by maintaining a Buy rating and a $250 price target, attributing the decision to the tech giant having 'another good month,' particularly in iPhone sales. However, analysts are keeping a close watch on whether Apple's artificial intelligence (AI) initiatives introduced at the Worldwide Developers Conference (WWDC) will drive future growth. Investors can gain further insights and market updates by watching the full Catalysts episode.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis