Apple stock surges despite analysts' concerns over AI strategy shift

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Jefferies Upgrades Apple (AAPL) to Hold

July 1, 2025 4:04 PM UTC

Jefferies analyst Edison Lee upgraded Apple (NASDAQ: AAPL) from Underperform to Hold with a price target of $188.32 (from $170.62).

The analyst comments "We believe tariff-driven pull-in demand and share recovery in China would drive Jun Q rev/EPS growth of ~8%/~10%, roughly 5%/9% > cons... More