Baird lowered the firm’s price target on Apple (AAPL) to $230 from $260 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results where they are navigating the tariffs but second half uncertainty remains.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Notable open interest changes for May 2nd
- Apple likely remains range bound as result of uncertainty, says Morgan Stanley
- Apple price target raised to $270 from $250 at Wedbush
- Analyst Argues Apple Needs an AI iPhone to Power a ‘Sharp Acceleration’ in Sales
- Spotify says submits new app update to Apple