Rothschild Redburn Upgrades Apple to Buy, Sets $400 Target
AAPL Apple Inc
$305.98 +0.24%
View chart & analysis → - 1Rothschild & Co Redburn raised its rating on Apple (AAPL) to Buy from Neutral and lifted its price target to $400 from $260
- 2Sees foldable iPhone launching in September at $2,199, with 14 million units of iPhone Ultra sold in fiscal 2027
- 3Combination of higher device prices, incremental demand, and flexible AI strategy underpins the $400 price target
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