Monness Crespi Hardt Lifts Apple Price Target to $355 Ahead of Q4 Earnings

Monness, Crespi, Hardt analyst Brian White raised the firm's price target on Apple Inc. to $355 from $335 while maintaining a Buy rating. The upward revision represents roughly a 5% increase and implies an estimated 2.28% upside from the stock's recent $344 trading price. The adjustment comes ahead of Apple's fiscal fourth-quarter results scheduled for November 2. The report will be the first quarterly earnings call led by CEO John Ternus, who assumed the role on September 1, alongside CFO Kevan Parekh, following previous management guidance of 9% to 11% revenue growth.