Shares of Apple Inc. AAPL have lost almost 3 percent of value since last Tuesday. The Vetr crowd seems to believe this has unlocked some room for upside, as evidenced by its average price target of $118.98, which implies a potential return of roughly 4.7 percent from current valuations.
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Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Apple on Monday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) – out of a possible 5 Stars rating.
It should be noted that, in accordance with the current score and price target, 55 percent of the crowd’s ratings are bullish right now.
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