Jefferies analyst Edison Lee raised the firm’s price target on Apple (AAPL) to $205.82 from $190.67 and keeps a Hold rating on the shares. Fiscal Q4 “could be a miss,” but the firm’s FY26 and FY27 EPS estimates are similar to consensus, the analyst tells investors in a preview. Tariff relief, antitrust remedies, and AI-driven Siri service reports have driven the stock up 18% in the past three months, but the firm now believes the “good news is in the price” and notes that its fundamental concerns are unchanged.
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