• Apple's stock price doesn't reflect the 12% upside offered by its growing autonomous-vehicle ambitions, UBS says

    10 days ago - By Business Insider

    Summary List Placement Apple's current stock price doesn't reflect the tech giant's budding autonomous-vehicle ambitions, according to a team of UBS equity analysts led by David Vogt.
    The analysts have a price target of $142 for Apple, a roughly 12% gain from current levels. In a recent note, the analysts said their price target reflects Apple's autonomous vehicle opportunity.
    Apple has been developing autonomous vehicle technology for years but has never confirmed it's working on a car. In a recent interview, CEO Tim Cook hinted that Apple was working on an electric-vehicle project - but...
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  • Apple's stock price doesn't reflect the 12% upside offered by its growing autonomous-vehicle ambitions, UBS says

    Apple's stock price doesn't reflect the 12% upside offered by its growing autonomous-vehicle ambitions, UBS says

    10 days ago - By Business Insider

    Apple CEO Tim Cook.
    Karl Mondon/Digital First Media/The Mercury News via Getty Images
    Apple's stock price doesn't reflect the 12% upside offered by its autonomous vehicle ambitions, UBS said.
    The tech giant has never formally confirmed its working on a car.
    However, recently filed patents hint at its ongoing plans to develop AV technology.
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    Apple's current stock price doesn't reflect the tech giant's budding autonomous-vehicle ambitions, according to a team of UBS equity analysts led by David Vogt. The analysts have...
    Read more ...