Evercore ISI continues to have a positive stance on shares of Apple (AAPL) heading into the December-end quarter report due on January 29, telling investors that checks suggest that there’s near-term upside to Street estimates. As such, the firm is adding Apple to its “Tactical Outperform” list ahead of earnings, adding that Apple remains the analyst’s “Top Pick for CY26.” The analyst, who views Apple as well positioned to sustain mid-to-high single digit top-line growth and double-digit EPS growth on the back of a strong product refresh cycle, has an Outperform rating and $330 price target on shares.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Apple price target lowered to $315 from $330 at Citi
- URBN, GAP, SHAK: Small-Cap Stocks Surge as Investors Rotate Out of Magnificent Seven
- Vanguard Total Stock Market ETF (VTI) Daily Snapshot—1/19/25
- Apple: Durable Ecosystem, Innovation Pipeline, and Capital Returns Underpin Reiterated Buy Rating
- Apple Regains China Crown as iPhone Shipments Jump 28%