Rosenblatt upgrades Apple to Buy, lifts price target to $260

Rosenblatt analyst Barton Crockett is saying that now is the time to buy the stock, specifically citing the company's privacy focused A. I work now Crockett increasing his price target by 64 bucks to 260 bucks a share.

That is really similar to kind of the ethos that we've seen at Apple with regards to privacy throughout its tenure here as the main iPhone maker when it comes to consumer sales in the US.They talk about Apple's chips specifically saying Apple, apple silicon appears to immunise apple from cost pressure at hyper scaler, talking about the other hyper scaler that maybe haven't been able to get ahead of the R and D required for making their own silicon for their own chips.

Apple has been a leader in the space when it comes to their chip making, and that is potentially creating a little bit of a moat to protect them from that pricing power that we just talked about from a company like a micro, which can kind of raise prices at the expense of these hyper scalar moving forward.This super dividend stock offers high yield and visibility over earnings growth. It can help you earn $1,830 in passive income.

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