1 Wall Street Analyst Thinks Apple Stock Is Going to $210. Is It a Buy Around $182?
's (NASDAQ: AAPL) recent streak of revenue declines might soon reverse thanks to a refreshed lineup of products, and the stock is unambiguously a buy. That's the post-earnings take on the company from one analyst following the company. After the May 2 publication of the high-profile tech company's latest quarterly report, he reiterated his bullish view of the stock.
That optimistic analyst is CFRA's Angelo Zino, who pegs Apple as a buy with a price target of $210. That implies 15% upside from the stock's current level.
Apple is best known for its products, although it's the company's ever-growing lineup of services that's on the rise. They collectively brought it nearly $24 billion in the tech giant's recently published quarter, which was a 14% improvement year-over-year. Going in the opposite direction, product sales declined by 10% to almost $67 billion.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 77 Buy predictions and 5 Sell predictions.
As a result the target price of 200 € shows a slightly positive potential of 15.67% compared to the current price of 172.9 € for Apple Inc..
