(CercleFinance.com) – Jefferies announced on Tuesday that it had reduced its price target on Apple from $220 to $195 the day after its October keynote, which lifted the veil on new MacBooks and a new iMac now equipped with its M3 chips.
In his research note, the analyst – who remains a buy on the stock – believes that these new developments are not likely to profoundly modify the long-term trajectory on which these two product categories are evolving.
Jefferies is particularly surprised by the fact that the Californian group has insisted so much on the technological leap enabled by these new computers compared to old devices equipped with Intel processors (before 2020), which leads it to question the real interest expressed by consumers for questions related to processor speed or improved graphics card performance.
Copyright © 2023 CercleFinance.com. All rights reserved.
The information and analyzes distributed by Cercle Finance only constitute a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional advisor before making any investment. This indicative information does not in any way constitute an inducement to sell or a solicitation to buy.
Did you like this article ? Share it with your friends using the buttons below.
