Jefferies analysts cut their rating on shares of the iPhone maker to Underperform from Hold on Friday. The firm also lowered its price target to $205.16 from $205.82.
Read More Here's why Apple shares briefly nosedived in premarket trading Friday
Jefferies analysts cut their rating on shares of the iPhone maker to Underperform from Hold on Friday. The firm also lowered its price target to $205.16 from $205.82.
Read More Here's why Apple shares briefly nosedived in premarket trading Friday
"Our new bull case valuation of $376 embeds a scenario where Apple ships around 270M iPhones and does over $10 of earnings power in FY27, which we see as achievable if Foldables and Al catalyze even stronger demand." — Analyst Erik Woodring
Read More Morgan Stanley raises its Apple target $58 to $298
"The company is working on at least two types of smart glasses. The first one, dubbed N50, will pair with an iPhone and lack its own display."
Read More Mark Gurman: Apple is skipping AVP 2 and going straight to glasses
In analyst Jay Goldberg’s view, Apple’s valuation looks compelling ahead of what’s shaping up to be a “solid upgrade cycle this year,” and the possible advent of a foldable phone model next year.
Read More Apple: Seaport initiates with a Buy and a $310 target
"AI features are not yet among the top five reasons for upgrades from consumers." — Analyst Samik Chatterjee
Read More J.P. Morgan survey: Upgraders, not switchers, are driving strong iPhone 17 sales
"We attribute AAPL's value-destructive pricing policies to its lack of innovation." — Needham analyst Laura Martin
Read More Is the stability of iPhone pricing a sign of weakness?
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