BofA Securities Reiterates Buy Rating on Apple (AAPL)

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Evercore ISI on Apple (AAPL) DoJ Report Amid 2.67% Drop: 'We view the report as a modest positive'

July 20, 2026 11:27 AM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $365.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "ALL YOU NEED TO KNOW: According to a report from Bloomberg (link here), AAPL and the U.S. DOJ are in early discussions regarding a potential settlement of the CY24 lawsuit that alleged AAPL violated anti-trust laws. Bloomberg reports that the discussions are active, with the two sides exchanging draft... More