UBS maintains neutral rating on Apple with target price of 236 dollars

UBS has given Apple a "Neutral" rating with a target price of $236. According to analyst David Vogt, there is moderate demand for iPhones based on current market indicators. While there are some delays for higher-priced models, the basic versions of the smartphone are readily available.

The report, published on October 15, 2024, highlights Apple's significant stock performance, which has appreciated by 11,528% since its initial recommendation. Additionally, Apple is included in various boerse.de equity funds, which collectively hold investments in over 44,000 shares valued at approximately €9.4 million.

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