Pacific Crest Upgrades Apple (AAPL) to Outperform

March 11, 2014 6:05 AM UTC
Get Alerts AAPL Hot Sheet
Price: $257.46 -1.09%

Rating Summary:
    45 Buy, 28 Hold, 7 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Pacific Crest upgraded Apple (Nasdaq: AAPL) from Sector Perform to Outperform and set a price target of $635 citing favorable risk/reward over the next 12 months. They expect iPhone replacement rates to remain high for the foreseeable future.

For an analyst ratings summary and ratings history on Apple, click here. For more ratings news on the company, click here.

Apple closed at $530.92 yesterday, with a 52 week range of $385.10 - $575.14.


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Pacific Crest Securities