Apple Hits New 52-Week Low, Here’s A Look At The Most Accurate Analysts’ Recent Price Target Cuts – Apple (NASDAQ:AAPL)

Apple Inc. AAPL Shares fell to a 52-week low Wednesday amid experiences that the corporate was nervous about iPhone gross sales.

Apple shares fell 3.1% to $126.04 on Wednesday, however had been up 0.5% in immediately’s premarket buying and selling session. Shares of the corporate have misplaced greater than 30% for the reason that starting of the 12 months.

Benzinga readers can entry the newest analyst rankings at: Analyst Share Ratings web page. Readers can kind by inventory, firm identify, analyst agency, ranking change, or different variables.

Let’s check out how Benzinga made the appropriate choice. analysts rated iPhone maker within the final interval.

• JP Morgan’s Analyst Samik Chatterjee maintained the Obese ranking for the inventory on December 20, 2022, decreasing its worth goal from $200 to $190. This analyst sees the corporate’s inventory rise greater than 50% and has an accuracy fee of 75%.
• UBS Analyst David Vogt maintained his Purchase ranking on November 8, 2022, and lowered his worth goal from $185 to $180. This analyst sees an almost 43% improve within the firm’s inventory and has an accuracy fee of 48%.
• of Morgan Stanley Analyst Erik Woodring retained the Obese ranking on November 8, 2022, decreasing his worth goal from $177 to $175. This analyst sees an almost 39% improve within the firm’s inventory and has an accuracy fee of 33%.
• B Securities Analyst Wamsi Mohan maintained its Impartial ranking on November 7, 2022, decreasing its worth goal from $160 to $154. This analyst sees the corporate’s inventory rise greater than 22% and has an accuracy fee of 78%.
• barclays Analyst Tim Lengthy reiterated the inventory’s Equal Weight ranking on October 4, 2022, decreasing its worth goal from $156 to $144. This analyst sees an almost 14% rise within the firm’s inventory and has an accuracy fee of 63%.

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