Explore Today’s Apple AAPL US Ratings and Future Price Forecast from 180 to 315
On October 20, updates on Apple Inc. (AAPL.US) ratings were released by prominent Wall Street analysts. The price targets proposed for the tech giant varied significantly, ranging from $180 to $315.
Recent Analyst Ratings for Apple Inc.
- J.P. Morgan Analyst: Samik Chatterjee maintains a buy rating with a target price of $280.
- Barclays Analyst: Tim Long keeps a sell rating, setting a target price of $180.
- Evercore Analyst: Amit Daryanani also maintains a buy rating with a price target of $290.
- Loop Capital Analyst: Ananda Baruah has upgraded to a buy rating, raising the target from $215 to $315.
Understanding Analyst Recommendations
TipRanks, a third-party analytics firm, provides insights into the performance of these analysts. They evaluate the success rate of an analyst by calculating the proportion of successful ratings to total ratings over the past year. A successful rating indicates that the analyst’s recommendations have resulted in a positive return.
Moreover, the total average return reflects the performance of TipRanks’ virtual portfolio based on these ratings. This virtual portfolio adjusts in response to changes in analysts’ recommendations.
Analyst Performance Metrics
TipRanks rates analysts on a scale of one to five stars. This rating considers two primary components: total success rate and average return. Higher star ratings signify better performance by the analyst.
The information provided herein does not serve as investment advice but aims to inform investors about the varying ratings and future price forecasts for Apple Inc. (AAPL.US).
