Apple Maintains $340 Price Target Despite Contrasting Analyst Views
Analyst Samik Chatterjee from J.P. Morgan has maintained his Buy rating on Apple (AAPL) in a recent report, setting a price target of $340.00.
Chatterjee's coverage includes stocks like Coherent Corp and Jabil, with an average return of 52.7% and a 74.29% success rate on recommended stocks.
This is not the first positive rating from Apple; Bank of America Securities's Wamsi Mohan also issued a Buy report on August 20.
However, Jefferies countered with a Sell rating for AAPL.