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Citibank: Strong Demand for Apple Products, Price Target $170

智通财经2021-07-14

Zhitong Finance APP learned that,CitigroupBanks have increased their appetite for PCs, smartphones and wearables after citing strong demand in end marketsAppleCompany's (AAPL.US) valuation, maintaining a "Buy" rating and a $170 share price target.

Analyst Jim Suva believes that AirTags has also brought significant benefits to Apple, and that high-margin sales of Apple accessories have also been boosted with the launch of "world-class marketing" by the tech giant. Suva told investors in a research note that the consensus expectation was too low even after accounting for the $3 billion to $4 billion impact from the decline in chip availability in the June quarter.

Additionally, Citi estimates Apple's FY21 EPS of $5.33, compared to its previous estimate of $5.18 and the consensus estimate of $5.17. In addition, the bank's profit forecast for Apple's fiscal years 2022 and 2023 also improved.

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Comment7

  • tiongjlam
    ·2021-07-15
    [財迷] [財迷] [財迷] 
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  • 爱捞虎油
    ·2021-07-15
    我賭它跌
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  • 空无一物
    ·2021-07-14
    我永遠不會買任何蘋果的產品[可愛] 現在的確是買不起,死貴死貴的。留着錢多買幾個雞腿吃。
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  • JoanAnn
    ·2021-07-14
    ❤️
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    • JoanAnn
      太好了 开心?
      2021-07-14
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  • 迷茫的渔夫
    ·2021-07-14
    qnmb
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  • Eck
    ·2021-07-14
    真的牛逼
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  • 咖啡Ai
    ·2021-07-14
    多買一些
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    • 隨缘呗
      [微笑]
      2021-08-12
      Reply
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    • 向上学习
      [微笑] [微笑]
      2021-07-27
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