Name: Apple (AAPL) Earnings: CFRA With A Buy Rating & $160 Stock Price Target
Uploaded: 2021-10-28T22:17:27.515
Duration: 5 min 48 s

Join host Ben Lichtenstein as he examines the latest developments in the futures markets live. This show uses charts and technical analysis to break down commodities trading and explore trading trends. Guest contributors also make appearances, sharing their insights on futures trading as it relates to market events.

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The Apple (AAPL) earnings almost matched estimates with $1.24 in EPS and $83.36B in revenue for the fourth quarter. iPhone revenue cam in at $38.87B and services revenue at $18.28B. CFRA maintains a buy rating on the stock with a $160 price target. Angelo Zino expects a sharp deceleration in iPhone growth moving forward as supply constraints may limit upside to consensus views. Also, he believes that investor sentiment is likely to remain lukewarm due to tough comparisons.

Apple (AAPL) Earnings: CFRA With A Buy Rating & $160 Stock Price Target

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.