Apple's Price Target Raised by Analysts

Analysts Boost AAPL Target Price

Impressive Q4 Earnings Drive Optimism

Following Apple's impressive Q4 earnings report, analysts have revised their price targets for AAPL stock, signaling increased optimism about the company's prospects. The average 12-month price target among 29 analysts now stands at a higher level, indicating a positive outlook for the stock in the near term.

In the short-term, analysts are also bullish, with an average price target of . This suggests that the stock is expected to perform well over the next few months.

Analysts cite several factors contributing to their upbeat outlook, including:

• Strong demand for the iPhone 14 series
• Growth in subscription services such as Apple Music and Apple TV+
• Continued expansion of the App Store ecosystem

Overall, the analyst consensus is that Apple is a strong buy, with both short-term and long-term targets suggesting potential for significant returns for investors.