Monness, Crespi, Hardt Raises Apple Price Target to $355
Investment firm Monness, Crespi, Hardt has increased its price target for Apple (AAPL) from $335 to $355. The upgrade is driven by optimism surrounding the company's innovation cycle and the upcoming rollout of new products. Despite the bullish outlook from analysts regarding industry-leading product development, Apple shares experienced a slight decline in premarket trading following the announcement. The firm's assessment suggests confidence in Apple's ability to maintain market leadership through its hardware and software ecosystem.
Tickers: $AAPL
Topics: Equity Research iPhone Stock Price Target