- The shares of Apple (AAPL) recently received a $190 price target. These are the details.
The shares of Apple (AAPL) recently received a $190 price target.
Price target: $190
Rating: Outperform
Analyst firm: Evercore ISI
Evercore ISI analysts adjusted the rating while noting that after Bloomberg recently published a story indicating that Apple is preparing to allow third-party app stores in the European Union to comply with the recently passed Digital Markets Act (DMA), the analysts pointed out that they always expected Apple to comply with the EU sideloading requirements. But the analysts are expecting the impact from side loading will likely be minimal.
Plus, the analysts are expecting the App Store to remain the main avenue for app discovery as they believe it is unlikely consumers will be interested in a more complex method of downloading an app.
