Aug 17, 2017

Apple Inc. (NASDAQ:AAPL) Receives "Buy" Rating from Needham & Company LLC

Apple Inc. (NASDAQ:AAPL)'s stock had its "buy" rating reaffirmed by research analysts at Needham & Company LLC in a research report issued to clients and investors on Thursday, July 27th.

They currently have a $165.00 price objective on the iPhone maker's stock. Needham & Company LLC's price objective points to a potential upside of 2.52% from the stock's previous close.

Other equities analysts also recently issued research reports about the stock. Rosenblatt Securities reaffirmed a "neutral" rating and set a $120.00 price target on shares of Apple in a research note on Wednesday, March 29th. Drexel Hamilton reaffirmed a "buy" rating and set a $185.00 price target on shares of Apple in a research note on Thursday, March 30th.

Canaccord Genuity raised their price target on shares of Apple from $154.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, March 31st. UBS AG raised their price target on shares of Apple from $165.00 to $200.00 in a research note on Sunday, April 2nd.

Finally, Raymond James Financial, Inc. reissued an "outperform" rating and set a $159.00 target price (up previously from $152.00) on shares of Apple in a research note on Monday, April 3rd.

Twelve research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the company. Apple has an average rating of "Buy" and a consensus target price of $167.33.


The Markets Daily

by Sarita Garza