Apple Could Crush Earnings Estimates. One Analyst Explains How.
While you weren’t looking, Apple shares have rallied about 12% over the past two weeks, as investors turn their attention to the company’s upcoming March-quarter financial results. There are reasons to think more gains could follow.Evercore ISI analyst Amit Daryanani this morning repeated his Outperform rating and $175 target price on Apple shares , while adding the stock to the firm’s Tactical Outperform list.“While the supply chain issues are real, we expect Apple will be relatively protected