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Market Impact: 0.2

Apple gets a price target hike from UBS ahead of earnings

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UBS said Apple’s stock should rise as it continues securing electrical components needed for storage in iPhones and MacBooks. The note suggests improving supply-chain execution and better component availability for key Apple products. The news is positive for Apple shares but is likely to have only a modest near-term market impact.

Analysis

UBS said Apple’s stock should rise as it continues securing electrical components needed for storage in iPhones and MacBooks. The note suggests improving supply-chain execution and better component availability for key Apple products. The news is positive for Apple shares but is likely to have only a modest near-term market impact.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

AAPL0.25
UBS0.05