EU decisions on Apple, Meta due in coming weeks, antitrust chief says
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- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- IBM misses Q2 targets as mainframe and software sales disappoint
- Goldman Sachs Upgrades NIO (NIO) to Buy
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- YPF Energía Eléctrica S.A. files for proposed NYSE IPO
BofA on Apple (AAPL) Assembling iPhones in US: 'Technically possible, but logistically challenging'
April 9, 2025 5:23 AM EDTBofA Securities analyst Wamsi Mohan reiterated a Buy rating and $250.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "In recent weeks, client focus has shifted to the feasibility of manufacturing Apple products, such as iPhones, in the U.S. In our opinion, while Apple can find labor to assemble iPhones in the U.S., a significant portion of the sub-assemblies would still be manufactured elsewhere, assembled in China, and imported to the U.S. This is because,... More
BofA Securities Reiterates Buy Rating on Apple (AAPL), PT $250
April 8, 2025 8:48 AM EDTBofA Securities analyst Wamsi Mohan reiterated a Buy rating and $250.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "In recent weeks AAPL stock has moved significantly to the downside (down 25.5% YTD and 23.5% since last earnings relative to SPX declines of 13.7% and 16.6% respectively).... More
MoffettNathanson Reiterates Sell Rating on Apple (AAPL)
April 8, 2025 8:37 AM EDTMoffettNathanson analyst Craig Moffett reiterated a Sell rating and $184.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "What price increases giveth, however, handset promotions taketh away. Lost in the narrative about rising pricing power is the simultaneous rise in promotional intensity. Even... More

