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Apple Stock Cut at Phillip Capital Despite Target Hike

Phillip Capital adjusts Apple stock rating to 'Neutral' from 'Accumulate'; target price raised to $220 due to recent price rally and new features.

by Mark Eisenberg
Tue, Jun 18, 2024 5:25pm
in Investing
• 2 mins read
14.8k
Apple Stock Cut at Phillip Capital Despite Target Hike | FinOracle

Photo: Finoracle.net

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Apple Stock Rating Adjusted After Price Rally

Phillip Capital recently adjusted its Apple stock rating following a significant price rally. Even though the firm lowered its rating from "Accumulate" to "Neutral", it also increased its target price for the stock to $220 from $194.

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