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Sunday, April 25, 2021 12:44:48 PM
By: MarketBeat | April 21, 2021
Apple (NASDAQ:AAPL) had its price target upped by investment analysts at Morgan Stanley from $157.00 to $158.00 in a research note issued on Monday, Price Targets.com reports. The firm currently has an "overweight" rating on the iPhone maker's stock. Morgan Stanley's target price indicates a potential upside of 18.38% from the company's previous close.
A number of other brokerages have also recently weighed in on AAPL. The Goldman Sachs Group reaffirmed a "sell" rating and issued a $83.00 price objective on shares of Apple in a research note on Thursday, April 1st. Wedbush reissued an "outperform" rating and set a $175.00 target price on shares of Apple in a research note on Tuesday, March 16th. Piper Sandler lifted their price target on Apple from $135.00 to $160.00 and gave the stock an "overweight" rating in a report on Thursday, January 28th. DA Davidson lifted their price target on Apple from $133.00 to $167.00 and gave the stock a "buy" rating in a report on Thursday, January 28th. Finally, Cowen lifted their price target on Apple from $133.00 to $153.00 and gave the stock an "outperform" rating in a report on Friday, January 22nd. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-seven have assigned a buy rating to the stock. Apple has an average rating of "Buy" and a consensus target price of $136.77.
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