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Shanthi Rexaline

HISTORICAL FACTS: Analyst raises apple price target to 200 despite us sales not tracking great - The Untold Story

Apple United States Brandon Nispel Keybanc

Apple logo as seen on the exteriors of a building. Apple will likely report a US hardware revenue decline of 19% quarter-over-quarter in the June quarter, worse than the three-year historical average of a 9% drop, says analyst Brandon Nispel. (BANGYU WANG/UNSPLASH)

Tech giant Apple, Inc.‘s (NASDAQ:AAPL) fiscal third quarter may have seen soft hardware revenue, an analyst at KeyBanc Capital Markets said.

The Apple Analyst: Brandon Nispel maintained an Overweight rating and increased the price target for the stock from $180 to $200.

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