Apple has a brand new analyst on Wall Road and he likes the inventory

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Apple has a brand new analyst on Wall Road and he likes the inventory

Apple chief design officer Jony Ive (L) and Apple CEO Tim Cook dinner examine the brand new iPhone XR throughout an Apple particular occasion on th


Apple chief design officer Jony Ive (L) and Apple CEO Tim Cook dinner examine the brand new iPhone XR throughout an Apple particular occasion on the Steve Jobs Theatre on September 12, 2018 in Cupertino, California.

Justin Sullivan | Getty Photographs Information | Getty Photographs

A brand new analyst at RBC Capital Markets simply began overlaying Apple’s inventory and is bullish on the corporate’s long-term innovation and development.

The agency initiated protection of Apple with an outperform score and a $295 per share worth goal, a close to 13% upside from its closing worth of $261.96 on Tuesday.



cnbc.com