Klarna shares surge 9% on Apple device leasing partnership
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Evercore ISI Reiterates Outperform Rating on Apple (AAPL)
July 21, 2026 1:45 PM EDTEvercore 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 Bloomberg report (link here), Apple is preparing to launch Apple Upgrade, a new device leasing program backed by Klarna that is expected to begin on July 28. The program will support most iPhone, Mac, iPad and Apple Watch models and will at least initially be available in the U.S. Bloomberg reports that the new program will effectively replace new enrollments in Apples current... More
