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The Apple segment had a theme
CNBC’s Halftime Report Final Trades wasn’t exactly subtle: Apple got a fresh dose of optimism from two analysts at once. Evercore ISI’s Amit Daryanani kept the stock at Outperform and lifted his price target to $365 from $330, while Tigress Financial’s Ivan Feinseth stayed at Strong Buy and raised his target to $375 from $305.
That’s a pretty friendly message for a stock that already lives in the “everyone has an opinion” category. If you own Apple, this is the kind of note that tells you the market still sees upside even after the easy money has been made.
Why investors should care
The stock closed Thursday at $298.21, so both targets still point to meaningful upside if Apple keeps doing Apple things: selling hardware, growing services, and convincing the world that the next big iPhone cycle is the one.
Meanwhile, the article also name-dropped Dominion Energy and Eli Lilly, but those were mostly side dishes. The main investor takeaway here is that Apple keeps attracting bullish calls even when the stock is already heavy with expectations.
Big picture
When two analysts raise their targets on the same day, it’s not exactly a guarantee of rocket fuel. But it is a reminder that Apple remains one of the market’s favorite “show me” stories — and the Street still thinks there’s more runway left.