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.
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/Unsplash