Zacks upgrades Apple stock to ‘Strong Buy’

Zacks Equity Research has recently upgraded Apple stock to a Zacks Rank #1 (Strong Buy) which essentially reflects an upward trend in earnings estimates, one of the most powerful forces impacting stock prices.Zacks Equity Research:A company’s changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate — the consensus measure of EPS estimates from the sell-side analysts covering the stock — for the current and following years.
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