Needham ups Apple price target to $260 on strength of buybacks

MacDailyNews
Jul 10, 2024, 11:30 am225 pts
Needham analysts Martin and Medina are bullish on Apple (AAPL), raising their price target to $260 and reiterating a “Buy” rating. They see Apple’s hefty $110 billion share buyback program as a strategic advantage compared to competitors who are pouring resources into Generative AI. In addition, the analysts…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on MacHash

watchOS 26 upgraded Apple Watch’s most popular face in two ways 231

Perplexity’s revamped iPad app doubles down on research tools and a more native experience 223

Trump Administration Threatens Retaliation Over EU's DMA and DSA Enforcement Against U.S. Tech 222

ChatGPT Gets Apple Music Integration and New Image Generator 219

iOS 26.2 will turn on automatic updates if you’re not careful 214

New Apple repair process allows battery-only replacements on the M5 14-inch MacBook Pro 212

Your Apple Watch just got a lifesaving upgrade with Enhanced Safety Alerts 211

James Cameron’s Instructions to Theater Projectionists Regarding ‘Avatar 3: Fire and Ash’ 197

About MacHash

MacHash is your real-time Apple news aggregator, delivering the latest headlines on Apple, Mac, iPhone, iPad, and iOS from top sources across the web.

As a powerful content discovery platform, MacHash continuously curates breaking news, product announcements, software updates, reviews, and industry insights related to Apple Inc. and its ecosystem.

MacHash helps you stay informed on everything from macOS and iOS developments to Apple Watch, AirPods, and the latest in tech and app innovation.

Access MacHash from your desktop or mobile device to explore, follow, and share the most trusted Apple news all in one place.