Apple Inc’s stock is temporarily under pressure as it faces a short-term forecast of -12.0% but a positive long-term forecast of +0.9%.
🔴 -12.0% short-term forecast
🟢 +0.9% long-term forecast
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 received a number of ratings updates, with Loop Capital lowering the price target from $185.00 to $170.00.
🟢 Resource Consulting Group Inc. raised its position in Apple Inc. by 19.3% in the 4th quarter.
🔴 Apple CFO Luca Maestri sold 53,194 shares of the company’s stock.
🟢 Inscription Capital LLC increased its stake in Apple Inc. by 32.8% during the fourth quarter.
🔴 PFG Advisors decreased its position in Apple Inc. by 0.1% during the fourth quarter.
🟢 EWG Elevate Inc. increased its position in Apple Inc. by 0.8% in the fourth quarter.
Apple Inc. stock has seen a mix of negative and positive news recently. The ratings update from Loop Capital lowering the price target may have a negative impact on the stock price expectation. However, the increase in positions by Resource Consulting Group Inc. and Inscription Capital LLC could have a positive impact. The sale of shares by the CFO and the decrease in position by PFG Advisors may have a slight negative effect on the stock price. Overall, the stock seems to be experiencing some fluctuations based on recent news and investor actions.
AAPL-Apple Inc. Analyst Ratings
📉 Loop Capital lowered their price target on Apple Inc. (NASDAQ:AAPL) from $185.00 to $170.00 and gave it a “hold” rating.
📉 Wedbush reiterated an “outperform” rating on Apple Inc. (NASDAQ:AAPL) stock with a price target of $250.00.
📉 Cigna Investments Inc. New decreased their stake in Apple Inc. (NASDAQ:AAPL) by 1.4% during the 4th quarter.
Sources:
1. ETF Daily News
2. ETF Daily News
3. ETF Daily News
4. ETF Daily News
5. ETF Daily News
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
Ready to analyze your own portfolio?
Get the same AI-powered insights for any stock you choose. It's easy!
