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Evercore ISI Hikes Apple Price Target to $365: Bull Case Now $500 on Services Compounding

AAPL
Analyst EstimatesAnalyst InsightsCompany Fundamentals

Evercore ISI raised its Apple price target to $365 from $330 and reiterated an Outperform rating, indicating improved analyst conviction on the stock. The firm also highlighted a bull case of $500 tied to a Services compounding thesis, reinforcing a positive longer-term fundamental outlook for Apple.

Analysis

Evercore ISI raised its Apple price target to $365 from $330 and reiterated an Outperform rating, indicating improved analyst conviction on the stock. The firm also highlighted a bull case of $500 tied to a Services compounding thesis, reinforcing a positive longer-term fundamental outlook for Apple.

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AAPL0.35