Apple reports earnings after the bell today, with Wall Street expecting $2.67 EPS and $137.47B revenue and the stakes are high, given the stock is trading at $256.44, about 12% below its average analyst target of $287.29. With a 16.2% upside implied, the results will test whether Apple’s premium valuation and growth story can hold up against rising macro headwinds and tepid sector sentiment.
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