Rosenblatt Lifts PT on Apple, Maintains Netural Rating

Apple Inc. (NASDAQ:AAPL) is one of the 11 Best Large-Cap Tech Stocks to Invest In. 

On March 5, TheFly reported that Barton Crockett of Rosenblatt Securities increased the price target on Apple Inc. (NASDAQ:AAPL) from $267 to $268, maintaining the Neutral rating on the iPhone maker.

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Crockett remains positive on Apple following the company’s recent event, in which it launched its Chromebook-style MacBook Neo, tapping into the lower end of the laptop market. Apart from that, a lower-end iPhone 17e also adds to the company’s lineup in the budget hardware category. The analyst also mentioned that Apple’s high-end products account for a modest percentage of build-to-order, which could lead to in-line performance with its March-quarter guidance.

On January 30, Reuters reported that, according to the LSEG, Apple expects Q2 FY2026 revenue to increase by 13% to 16%, compared with analysts’ 10% growth rate. Despite strong performance, Crockett highlighted that Apple trades at a meaningful premium.

A majority of 52 analysts out of 54 have rated AAPL a Buy, while only two analysts rate the stock as a Hold. The average price target of $302.5 highlights an upside of over 16%, while Rosenblatt’s price target implies a modest increase of almost 3% as of March 10.

Apple Inc. (NASDAQ:AAPL) is one of the largest smartphone and laptop manufacturers in the world. The company designs and markets smartphones, personal computers, tablets, and a range of wearables and accessories.

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