Apple (AAPL) Upgraded by Investment Bank to Hold
From Yahoo Finance: 2025-04-09 09:33:00
Investment bank Jefferies upgraded Apple (AAPL) stock to Hold from Underperform, citing valuation and potential exemption from U.S. tariffs. However, Schwab commentator Kevin Green warned of negative impact from the U.S.-China trade war. Jim Cramer cautions Apple must bring production home to avoid missing numbers.
Jefferies raised AAPL’s rating despite lowering price target to $1,267.88 from $232.33, assuming tariff exemption. The bank sees this as positive for shares, stating current uncertainty is priced in. Green warns “megacap names like Apple” at risk due to U.S.-China trade dispute and high market volatility.
While AAPL shows promise, there are better investment opportunities in AI stocks with higher return potential. Consider exploring the report on the cheapest AI stock with strong growth potential. For more investment options, check out the 20 Best AI Stocks to Buy Now and 30 Best Stocks to Buy Now According to Billionaires.