trending Market Intelligence /marketintelligence/en/news-insights/trending/zxCpYGCu4xeyDviDAjuB5g2 content esgSubNav
In This List

Needham upgrades Apple to 'strong buy'

Podcast

MediaTalk Episode 27

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Podcast

MediaTalk | Episode 26: Video game industry growth softens amid post-pandemic hurdles

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future


Needham upgrades Apple to 'strong buy'

Needham analyst Laura Martin upgraded her rating on Apple Inc. shares to "strong buy" from "buy," TheFly.com reported March 21.

Martin, who raised her price target on Apple stock to $225 from $180, said the company has five types of "network effects," including hardware-based direct network effects. The analyst believes these "strong network" effects makes Apple "most likely to prevail in a direct competition between FAANG [Facebook, Apple, Amazon, Netflix, Google] ecosystems."

The tech giant is expected to unveil a new streaming TV service and a bundled subscription Apple News offering at a March 25 event.