Rosenblatt Raises Apple Stock Price Target to $303 Amid CEO Transition
Rosenblatt Securities has raised its price target for Apple stock to $303, citing CEO transition and potential iPhone success.
The firm maintains a Neutral rating on Apple shares, but notes that they are currently trading at $316.85, above the analyst's target.
InvestingPro data suggests Apple is overvalued based on its Fair Value analysis, with a price-to-earnings ratio of 36.25 and a P/E multiple of 31 for fiscal 2027 estimated earnings per share.