Monness Analyst Maintains Buy Rating on Apple with Target Price of $335
Analyst Brian White from Monness has maintained a buy rating for Apple (AAPL.US), keeping his target price at $335. According to TipRanks, White's past performance is impressive, with a success rate of 68.1% and an average return of 17.8% over the past year.
TipRanks provides data on financial analysts' recommendations and calculates their success rates and total average returns. The platform uses virtual portfolios to track the results of analysts' ratings, adjusting them as ratings change.
A successful rating is one where TipRanks' virtual portfolio earns a positive return from the stock. White's 68.1% success rate indicates that his recommendations have been profitable for investors in the past year.