Out of 54 analyst recommendations, 48 have Apple at a strong buy or buy. Four others rate Apple a hold, and only two rate the stock at underperform or sell.
Other analysts are also holding onto a bullish view. Deutsche Bank's Chris Whitmore reaffirmed a buy rating on Apple shares and urged a longer-term outlook based on upcoming product launches.
"Although we doubt this quarter will be a meaningful catalyst for the stock, we recommend owning Apple for the reacceleration of its product cycle refreshes in the second half of 2013 (iPhone 5S, low-end iPhone, iPad etc.)," Whitmore wrote in a research note.
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