Apple analysts tell a bullish story, while the average analyst price target is actually bearish at $264.
The stock has seen multiple expansions, but Apple hasn't closed the gap with the other tech giants.
Despite the rally, the stock trades at ~17x EV/FY21 EPS estimates.
By all metrics, Apple is not a loved stock while trading at all-time highs.
Over the last few weeks, a parade of analysts have come out bullish on Apple (AAPL) giving the market an impression of an analyst base overly bullish when the stock is at all-time