Apple Stock Targeted for $358.99 with 18.77% Upside

Apple's (AAPL) stock price target has been set at $358.99 by 24/7 Wall St., implying an 18.77% upside from its current price of $302.25.

This prediction is based on the model's rating, which gives Apple a buy recommendation at 90% confidence.

Apple carries the lowest realized volatility profile among mega-cap stocks with a beta of 1.086.

The company has seen a rally over the past year, with its stock price increasing by 32.1%, but it pulled back 4.66% in the last month, leaving shares 6% below their 52-week high of $344.27.