Apple stock has been added to Citigroup's list of recommended investments.
The influential analyst firm says that Apple's recent share price weakness (currently trading at $58.99) represents a buying opportunity for savvy investors. Citigroup holds a $75 price target on the stock.
In a report to investors, the analysts decribed Apple as having "strong fundamentals and a likelihood of taking market share in the PC business."
While the stock remains trading far under its 52-week high, analysts across the board have recommended the stock, with some offering target prices in the high $90s.
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