Apple seems well positioned to drive higher confidence as an “earnings compounder,” according to JP Morgan, which has raised its price target to $235 for the end of 2024.iPhone 14 PlusJP Morgan continues to remain bullish about Apple’s future, having previously cited a “robust shareholder return” for 2023. Despite global economic headwinds and other factors, Apple remained resilient through the March quarter and expects to show strength in the upcoming third-quarter report. Read more…
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