Apple upgraded to a 'buy' rating with 18% upside as UBS says 'no super cycle, no problem'
Apple UBS upgraded Apple to a 'buy' on Wednesday and hit the firm with a $142 price target. Analysts Vogt and Shah said an iPhone "supercycle is unlikely to materialize." "No supercycle? No Problem." Auto optionality, valuation, and seasonality will buoy Apple stock. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Apple was upgraded to […]
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