Piper Sandler raises Apple stock target to $200, says $4T market cap is in reach

Piper Sandler has raised its Apple price target by $25 to $200, on the strength of its portfolio of hardware and services heading into 2022.

Apple logo on building. Credit: Laurenz Heymann/UnsplashApple logo on building. Credit: Laurenz Heymann/Unsplash

In a note to investors seen by AppleInsider, lead Piper Sandler analyst Harsh Kumar says that investors should look at Apple as a “place to hide” in the current broader technology environment. That’s because of current hardware and services momentum, as well as potential points of expansion.

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