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APPL has a current P/E of 32.5 and its forward P/E ratio of 23.4 for 2023, its EPS next year are expected to be $7.70.
APPL has a current P/E of 32.5 and its forward P/E ratio of 23.4 for 2023, its EPS next year are expected to be $7.70. If the stock is currently trading at $142 per share, what is expected to be its target price in 12 months? Would you buy the stock now? Justify your decision. Show formula and calculation.
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