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Evercore reaffirms ‘Outperform’ rating on Apple stock
This week, Evercore ISI reiterated Apple stock as “Outperform,” with a price target of $250. The firm stated that it’s standing by the stock…
This week, Evercore ISI reiterated Apple stock as “Outperform,” with a price target of $250. “Apple looks positioned to deliver upside to Mar-qtr but focus will be on Jun-qtr guide and how they incorporate the impact of tariffs. The analyst, Amit Daryanani, noted how Apple has been transporting iPhones using multiple Boeing 747 aircraft, demonstrating its major logistical undertaking for inventory management amid tariff tensions.
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