Beyond Trading upgrades Apple (AAPL) to Buy at $335
Seeking Alpha Analyst Since 2009
Beyond Trading institutional team upgraded Apple (AAPL) to Buy at $335, recommending to close existing short positions, reversing to the long side.
We believe a rally in Apple is coming since Institutions such as Goldman Sachs sold an important stake. Normally institutions upgrade stocks when they want to sell stock. That has been a major reason for Apple price to sell off in the past few weeks. Sell when they are upgrading; buy when they are downgrading, most of them lose money in trading.
We are happy to see news coming in about the new service iCloud from Apple.
Vieira, Beyond Trading CEO
We are extremely pleased to see Apple share price rallying more than $13 following last week upgrade given to subscribers! Thank You
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