Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

Read Why JP Morgan Sees Apple Poised For Upside

Apple Samik Chatterjee AAPL J.P. Morgan
  • Apple Inc (NASDAQ:AAPL) is poised to see "upside" if it can execute and show the growth that it saw in its fiscal first quarter, according to J.P. Morgan analyst Samik Chatterjee.
  • Chatterjee has an Overweight rating and a $210 price target. The price target implies an upside of 27.4%.
  • "We see the combination of stronger than expected mix as well as volume upside from better iPhone 13 as well as iPhone SE demand to drive upside to our current estimates for modest revenue growth (+4% y/y)," Chatterjee added.
  • Bank of America selected Apple as one of the stocks that could benefit from "scarcity risk" as its devices and services continue to be a primary solution for entertainment and productivity tasks.
  • Price Action: AAPL shares traded lower by 1.12% at $163.20 in the premarket on the last check Monday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
In what's turning out to be a bumper year for Led Zeppelin fans, more unseen live footage has emerged
The previously unseen film, shot in Ohio in 1975, was discovered in the archives of the Rock & Roll Hall of Fame
Louder
Louder
Jennifer Lopez is Hosting this Year's Met Gala but the Fashion Icon Has No Idea What To Wear
Legendary Vogue Editor-In-Chief Anna Wintour has chosen the legendary Jennifer Lopez to host the 2024 Met Gala but the superstar is struggling with what to wear.
Fashion Times
Fashion Times
Latinos are the group that most consumes marijuana regularly; where do they do it?
This is the case for more than 10% of respondents in a Gallup poll. These are the other main takeaways
Latin Times
Latin Times
Kim Kardashian Takes a Page From Rihanna's Playbook by Modeling Her New SKIMS Swimwear
Kardashian took over modeling duties appearing in the smoldering swim ads captured by Nick Knight and styled by Carine Roitfeld.
Fashion Times
Fashion Times
How to store half a lemon – and 17 other ways to keep leftover food fresh
What should you do with opened tins, cut avocados and egg yolks that weren’t required in your recipe? Chefs and food experts tell all
The Guardian - UK
The Guardian - UK
Brian Cox: "Napoleon" star "terrible"
“I would have played it a lot better," Cox says
Salon
Salon
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play