Apple Inc (NASDAQ:AAPL) is facing temporary pressure on its stock price, potentially creating a buying opportunity.
Stock AI’s forecasts:
🔴 -12.0% short-term ⬇️
🟢 +0.9% long-term ⬆️
Stock AI’s (AAPL) Forecast get (+12.9% Profit)
StockAI’s analysis delivers real-world results. On 22 January 2024, $AAPL ($194.75), StockAI predicted a long-term 🔴 sell signal. It was accurate: 1 month later price dropped to $169.6 (🔴-12.9%). Selling AAPL on this signal yielded a +12.9% profit 💰💰.
AAPL-Apple Inc. News
🟢 Apple reported insider buying, indicating confidence in the stock. This could lead to a positive impact on the price.
🔴 Analysts at Loop Capital lowered their price target on AAPL, which might result in a short-term decrease in the stock price.
🔴 Barclays reaffirmed their underweight rating on AAPL, suggesting a negative impact on the stock price.
🔴 Apple CFO sold shares of the company, potentially signaling a negative impact on the stock price.
🔴 Several institutional investors trimmed their holdings in AAPL, which could lead to a decrease in the stock price.
🟢 Apple CEO Tim Cook sold shares of the company, potentially indicating confidence in the stock and a positive impact on the price.
Apple Inc. (AAPL) has recently seen a mix of positive and negative news that could influence its stock price. While insider buying and the CEO selling shares could indicate confidence in the company and potentially lead to a price increase, analyst ratings and institutional investors trimming their holdings may have a negative impact on the stock price. It’s important for investors to consider all these factors and the overall market conditions before making any decisions regarding AAPL stock.
AAPL-Apple Inc. Analyst Ratings
Here is a list of recent analyst ratings for Apple Inc. stock:
📉 Loop Capital lowered their price target on AAPL from $185.00 to $170.00 and maintained a “hold” rating on the stock.
📉 Barclays reaffirmed their underweight rating on AAPL with a price target of $158.00.
📉 Morgan Stanley reduced their price target on AAPL from $220.00 to $210.00 but maintained an overweight rating on the stock.
Sources:
1. ETFDailyNews
2. ETFDailyNews
3. ETFDailyNews
4. ETFDailyNews
5. ETFDailyNews
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
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