Apple at $105: Look who’s underwater now

apple analysts underwater 105What was a sea of blue is now a sea of green.

Today there are six Apple analysts with underwater price targets. Three and a half weeks ago there were only a handful who were NOT underwater.

Below: My full list of Apple price targets, as accurate and up-to-date* as I can make it. Corrections appreciated.

apple analysts underwater 105

Click to enlarge. *I rely on TipRanks ($) for the estimates of an analyst who shall remain nameless (long story).

My take: If the sentiment of the analysts is any indication, Apple may be oversold.

9 Comments

  1. Kirk DeBernardi said:
    Oversold?

    Let’s see if you can print that one year from now.

    0
    September 21, 2020
  2. Gregg Thurman said:
    On Sept 17 Jeffries raised its AAPL price target to $135. I can’t find any revisions to that target.

    0
    September 21, 2020
  3. Gregg Thurman said:
    The number of Analysts that cover Apple/AAPL is a constantly moving target. Currently I track 36 such analysts, 27 Bulls (defined as issuing targets that are higher than AAPL print when issued) and 9 Bears (defined as issuing targets that are lower than AAPL print when issued).

    Among the Bulls, consensus is $130 (includes most recent revisions by Citi) with standard deviation range of $142 to $117.

    Among the Bears, consensus is a laughable $87 with standard deviation range of $101 to $72.

    0
    September 22, 2020

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