3 analysts weigh on recent Apple (AAPL) stock selloff
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Evercore ISI Defending Apple (AAPL): 'Is the Great Deceleration Over? Upside Ahead in 2023', PT $190
January 3, 2023 3:56 PM ESTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "The App Store reported its first month of growth since July with revenue up 0.2%. The improvement from -4% in November is encouraging and was largely driven by China inflecting from -12% last month to flat... More
Apple (AAPL): Key iPhone plant in China almost back to full production - Reuters
January 3, 2023 6:29 AM ESTApple (NASDAQ: AAPL) stock is trading modestly higher in pre-market Tuesday after Reuters reported that the worlds largest iPhone plans it almost back to full production.
Foxconns factory in Zhengzhou city is now back to 90% of its full capacity.
"Production... More
