Apple Stock Diverges from Big Tech in 2022 but Analysts Now See Opportunity Amid Recent Negatives
• Apple shares have diverged from big tech peers like Meta and Amazon in 2022, underperforming the S&P 500 • Negative headlines have hit Apple stock recently - antitrust lawsuit, EU rule changes, pulling the Apple car project • But with shares down 15% from highs, analysts see opportunity - multiple recent price targets above current levels • Risks remain, but some say worst-case priced in given cheap valuation vs history • Citi names Apple top buy recently with 27% upside seen