Apple (AAPL): New Buy Recommendation for This Technology Giant

In a report released yesterday, David Vogt from UBS maintained a Buy rating on Apple (AAPLResearch Report), with a price target of $155.00. The company’s shares closed last Tuesday at $136.33, close to its 52-week high of $145.09.

Vogt has an average return of 8.6% when recommending Apple.

According to TipRanks.com, Vogt is ranked #2355 out of 7580 analysts.

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $157.92, representing a 17.2% upside. In a report issued on June 21, Wedbush also maintained a Buy rating on the stock with a $185.00 price target.

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The company has a one-year high of $145.09 and a one-year low of $87.82. Currently, Apple has an average volume of 82.27M.

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Apple, Inc. designs, manufactures, and sells smartphones, personal computers, tablets, wearables and accessories. It also offers a range of related services. Its products include iPhone, Mac, iPad, Apple TV, Apple Watch, Beats products, HomePod and AirPods. The services segment is comprised of AppleCare, cloud services, digital content offerings like the App Store and other content services like Apple Arcade, Apple Music, Apple News+, Apple Fitness+ and Apple TV+, payment services such as Apple Card and Apple Pay as well as advertising and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA.