RBC Sees Apple (AAPL) Beating the Street in Q4

RBC Capital analyst Amit Daryanani reiterated an Outperform rating and $250 price target on Apple (NASDAQ: AAPL) ahead of Sept-quarter results due on Nov. 1st.

Daryanani said they think the company should post results ahead of Street, driven by multiple factors including new products, ASP uplift, benign memory costs, Services tailwind, and continued buybacks.

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

Shares of Apple closed at $212.24 yesterday.

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