Apple Inc. (NASDAQ:AAPL) stock Reported Profit Margin of 25.70 percent in Last Year: Is Defensible?

Itau BBA raised the price target for the Apple Inc. (NASDAQ:AAPL) stock to ‘an Underperform’. The rating was released on June 26, 2023, according to finviz. We previously noted in another research note published on June 20, 2023 by Wells Fargo that reiterated the stock to an Overweight with a price target of $185 for AAPL stock. The research report from Morgan Stanley has reiterated the stock to Overweight, with a price target set at $180. The stock was reiterated by Goldman, who disclosed in a research note on June 06, 2023, to Neutral and set the price objective to $130.

Author: Peggy Goldman