Rosenblatt Securities Remains a Hold on Apple (AAPL)

In a report released today, Barton Crockett from Rosenblatt Securities maintained a Hold rating on Apple, with a price target of $268.00.

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Crockett covers the Communication Services sector, focusing on stocks such as Meta Platforms, Netflix, and USA TODAY. According to TipRanks, Crockett has an average return of 4.5% and a 52.17% success rate on recommended stocks.

In addition to Rosenblatt Securities, Apple also received a Hold from UBS’s David Vogt in a report issued today. However, on the same day, Bernstein maintained a Buy rating on Apple (NASDAQ: AAPL).

Based on Apple’s latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $143.76 billion and a net profit of $42.1 billion. In comparison, last year the company earned a revenue of $124.3 billion and had a net profit of $36.33 billion