Apple Stock Gets a Big Target Price Boost Ahead of Earnings. Here’s Why.

Barrons2022-01-21

Tech stocks were getting hammered again Friday, but there was good news on the radar for Apple.Wells Fargo raised its price target for Apple (ticker: AAPL) stock to $205 a share from $165 — implying ...

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Comments

vincentheng8
2022-01-23
vincentheng8
Buy aapl all in vr n icar!!
GANCL
2022-01-23
GANCL
For long term investment
Wil17
2022-01-23
Wil17
Time to buy
Mindthink
2022-01-23
Mindthink
Nice
lcloud
2022-01-23
lcloud
Ok
vincentheng8
2022-01-22
vincentheng8
All in for vr and icar!

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Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 22:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-stock-price-target-supply-chains-51642770526?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks were getting hammered again Friday, but there was good news on the radar for Apple.Wells Fargo raised its price target for Apple (ticker: AAPL) stock to $205 a share from $165 — implying ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-stock-price-target-supply-chains-51642770526?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.barrons.com/articles/apple-stock-price-target-supply-chains-51642770526?mod=hp_LATEST","article_id":"1181802339","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1181802339","pubTimestamp":1642774151,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Tech stocks were getting hammered again Friday, but there was good news on the radar for Apple.Wells","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果的股票在收益前得到了一个很大的目标价提升。原因如下。","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Tech stocks were getting hammered again Friday, but there was good news on the radar for Apple.Wells Fargo raised its price target for Apple (ticker: AAPL) stock to $205 a share from $165 — implying some 25% upside from Thursday’s closing levels.That makes analyst Aaron Rakers and his team at the bank among the more bullish on Wall Street; the average price target for Apple among analysts surveyed by FactSet is $179.The world’s most valuable public company and a key player in Big Tech is set to report earnings next week. 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While demand has been sky-high for the device, Apple, like many other manufacturers, has been pinched by supply-chain constraints.While supply-chain improvements would be, without a doubt, materially positive, Rakers and his team view the upside in Apple stock as lying somewhere else.“We believe the investment case for Apple has more to do with the company’s monetization of the installed base through an expanded portfolio of products and services (e.g., augmented reality /virtual reality, auto), rather than the near-term setup,” the Wells Fargo group said.Shares in Apple were 0.7% lower in premarket trading Friday, in line with a broader decline in the market. 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