What the Analysts Are Saying About AAPL Stock

I am bullish on $Apple(AAPL.US)$ stock and so are the analysts. The stock could hit $200 in the near future and this could only be a beginning. The 52-week high for the stock was $182 but it does have the potential to continue rising and the results could work as a catalyst. Apple is an exceptional company with a solid balance sheet and dividend history.

Katy Huberty, a $Morgan Stanley(MS.US)$ analyst expects the company to report a modest upside to the current estimates for this quarter. However, she has an overweight rating for the stock with a price target of $200 stating the revenue stability, expansion into new markets, and product launches which make the stock a defensive pick in the current environment.

Another analyst at $Wells Fargo & Co(WFC.US)$ Aaron Rakers has a price target of $205 on AAPL stock with an overweight rating. $Deutsche Bank(DB.US)$ analyst Sidney Ho has a buy rating on the stock with a price target of $200 citing the strong portfolio across the product lines, and healthy demand. He also adds that the supply chain has significantly improved over the past few months.

$Evercore(EVR.US)$ analyst Sidney Ho has a buy rating on the stock with a price target of $200 citing the strong portfolio across the product lines, and healthy demand. He also adds that the supply chain has significantly improved over the past few months.