Apple Shares Get Boost from Analysts as Earnings Surge

Maxim Group analyst Tom Forte has maintained his Buy rating on Apple shares. In a recent report, he set a price target of $380.00 for AAPL stock, which closed at $308.91 yesterday.

Forte is a 4-star analyst with a success rate of 43.06% and an average return of 4.1%, according to TipRanks. His analysis covers the Consumer Cyclical sector, focusing on companies like Light & Wonder, Amazon, and Fossil Group.

Another analyst, TD Cowen's Krish Sankar, also issued a Buy rating for Apple yesterday. However, Barclays maintained a Sell rating on AAPL stock.