4 analyst calls of the day: Apple is a buy, says Goldman | Pro Recap
Investing.com | Author Davit Kirakosyan
Published Mar 06, 2023 21:58
By Davit Kirakosyan
Investing.com -- Here is your Pro Recap of some of this morning's biggest analyst calls that you may have missed on InvestingPro. iPhone demand, services re-acceleration, underappreciated gross margins upside, and Apple's first new product launch in 8 years. Beyond the near term, the firm sees a catalyst-rich event path over the next 12 months that is underappreciated by investors, including reaccelerating iPhone and Services growth, record gross margins, two new product launches, and the potential introduction of an iPhone subscription program.
Also last week, Bloomberg News reported that Apple's top executive Michael Abbott, who heads the iCloud service, is leaving the company in April, citing people familiar with the matter.
Fresh IPO Nextracker initiated at several brokerages/h2
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