Apple (AAPL) Receives a Hold from Rosenblatt Securities

By Austin Angelo

In a report released today, Jun Zhang from Rosenblatt Securities maintained a Hold rating on Apple (AAPLResearch Report), with a price target of $165. The company’s shares closed on Tuesday at $176.69.

Zhang has an average return of 5.7% when recommending Apple.

According to TipRanks.com, Zhang is ranked #2444 out of 5121 analysts.

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $231.85, implying a 31.2% upside from current levels. In a report issued on December 3, HSBC also downgraded the stock to Hold with a $200 price target.

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The company has a one-year high of $233.47 and a one-year low of $150.24. Currently, Apple has an average volume of 38.46M.

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