Evercore slashes Apple target $30 to $180 in industry-wide revaluation (Philip Elmer-DeWitt/Apple 3.0 – Philip Elmer-DeWitt)

Philip Elmer-DeWitt / Apple 3.0 – Philip Elmer-DeWitt
Evercore slashes Apple target $30 to $180 in industry-wide revaluation – From a note to clients that landed on my desktop Tuesday. ALL YOU NEED TO KNOW: Given continued volatility in the equity markets (particularly for tech stocks) due to increasing concerns surrounding a macro downturn resulting from inflation, rising rates, and geopolitical risk, we think it is worthwhile to assess …

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