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Evercore ISI reiterates 'Outperform' rating on Apple stock citing App Store revenue growth
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Evercore ISI reiterates 'Outperform' rating on Apple stock citing App Store revenue growth
Evercore ISI has maintained its Outperform rating on Apple with a $325.00 price target, pointing to stabilizing App Store revenue growth. This implies significant upside potential from the current share price of $266.31. Investing.com: The App Store recorded 6% year-over-year revenue growth in December, marking the second consecutive month at this growth rate. Gaming, which represents 44% of App Store revenues, declined 4% year-over-year in D…
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