Rosenblatt Raises Apple's Target Price to $303, Analysts Have Divergent Views
2026-09-01 19:39:58
According to CoinMeta, Rosenblatt Securities has raised Apple’s ( AAPL ) target price from $300 to $303, maintaining a neutral rating. Although Wall Street’s expectations for Apple have increased, there is still disagreement over whether its high valuation can support further gains. Apple’s stock price approached $320 during trading on Tuesday, and Rosenblatt’s new target price is still below the current market price, highlighting the importance of their neutral stance. Other analysts are more optimistic; BofA Securities has reiterated a buy rating with a target price of $380, suggesting a potential increase of nearly 20%. Analysts are concerned about whether Apple can achieve sufficient new growth in the face of higher component costs and fierce competition in artificial intelligence to justify its forward P/E ratio of 33 times.
Bullish 0
Bearish 1
Source:Coinpaper
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