From CNBC’s “Rising interest rates are really causing people to scrutinize valuation: Bernstein’s Sacconaghi” which aired Friday:
Toni Sacconaghi, Bernstein sr. research analyst, joins ‘Closing Bell’ to discuss tech stocks and where he sees things headed for the rest of the year.
The Apple bit starts at the 2:30 minute mark:
My take: Where was “Toni’s Take” on Apple for all of 2021? He spent most of the year trying to justify a soggy $120 price target and the rest of it defending an equally soggy $132. Still hoping to get my hands on his note.