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Benzinga

Business

Anusuya Lahiri

Tigress Financial Is Bullish On Apple - Read Why

Tigress Financial AAPL Ivan Feinseth Apple

Tigress Financial analyst Ivan Feinseth raised the firm's price target on Apple Inc (NASDAQ:AAPL) to $210 from $198 and reiterated a Strong Buy rating on the shares.
The re-rating follows its recently reported "record" Q1 results.
Related Content: Apple Stock Climbs After Q1 Earnings Blow Past Estimates: What Investors Need To Know
He believes further upside in the shares exists given strong product demand, new product introductions, and accelerating services revenue.
Feinseth noted that his target represents a potential return of close to 25% from current levels.
Price Action: AAPL shares traded higher by 1.66% at $171.67 on the last check Tuesday.

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