- The shares of Apple Inc (NASDAQ: AAPL) have received a price target of $165 from Argus. These are the details.
The shares of Apple Inc (NASDAQ: AAPL) have received a price target of $165 from Argus. And Argus analyst Jim Kelleher is maintaining a “Buy” rating on the company shares.
Kelleher made these adjustments following Apple’s WWDC event earlier this month, which featured upgraded operating systems for iOS, macOS, and watchOS. Kelleher noted that the company shares saw some relative underperformance this year after over a decade of outperformance. However, this is largely due to sector rotations rather than misfires in Apple’s leadership franchises.
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