
Analysts have revised their price targets for Apple Inc. following a strong Q1 earnings report that exceeded expectations. Apple shares rose 3% after the earnings announcement, driven by robust growth in its services segment, which helped mitigate concerns over iPhone sales and challenges in the Chinese market. Notably, several major investment firms adjusted their price targets for Apple stock: Bank of America raised its target to $275 from $255, Morgan Stanley increased its target to $275 from $273, Goldman Sachs lifted its target to $294 from $280, and JPMorgan raised its target to $270 from $260. Analysts expressed optimism about Apple's future, citing improving demand trends in China and the potential of its AI capabilities. Overall, the price targets for Apple now range from $197 to $294, reflecting a mix of bullish and bearish outlooks among analysts.




After strong earnings, Morgan Stanley inches up AAPL target to $275 https://t.co/MMTqKDTLys #Apple
📊 Apple’s latest earnings report is making waves. Here’s what analysts are saying: ➡️ Better-than-expected results: Despite concerns over iPhone and China, analysts are optimistic about Apple’s future. ➡️ Key highlights: Strong growth in Services, AI potential, and iPhone 16… https://t.co/YIrM7tDeWy
Goldman Sachs today raised its price target on Apple $AAPL to $294 up from $280 while maintaining its Buy rating JPMorgan today raised its price target on Apple $AAPL to $270 up from $260 while maintaining its Overweight rating Bank of America today raised its price target on…