Apple Stock: What Analysts Think Of This Market Correction

Apple stock (AAPL) – Get Apple Inc. Report has been trading 18% lower since 2022 started, and the S&P 500 is also flirting with bear territory. The marketwide decline has been generally driven by unfavorable macroeconomic forces and supply chain disruptions.

However, from a business perspective, Apple appears to be performing well, benefiting from solid demand for its products and services.

The current tone on Wall Street towards Apple is bullish – a “strong buy” rating and 27% upside potential, on average. Below is what some of the top analysts think about Apple’s current correction, and where they see the key risks and opportunities.

Source link

Naveen Kumar

Friendly communicator. Music maven. Explorer. Pop culture trailblazer. Social media practitioner.

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button