Apple can get a big boost from a foldable iPhone, says Rothschild

Apple can get a big boost from a foldable iPhone, says Rothschild

Investors should scoop up Apple shares as the tech giant’s potential foldable phone isn’t fully appreciated, according to Rothschild & Co.

Rothschild catapults its Apple target $140 to $400

The company’s potential to dominate how AI is consumed is why Rothschild & Co Redburn analyst Timm Schulze-Melander upgraded Apple stock to a Buy from Neutral on Monday.

Rothschild & Co Redburn upgrades Apple to Buy, raises price target to $400

Rothschild & Co Redburn has upgraded Apple (AAPL) to Buy from Neutral and raised its price target to $400 from $260, citing stronger-than-expected iPhone growth driven by the company's planned entry into the premium foldable smartphone market. Analyst Timm Schulze-Melander and the firm project iPhone sales growing at a 12% compound annual rate through fiscal 2030 - up to 14% above consensus expectations. The key catalyst is the anticipated launc…

Wall Street analyst updates Apple stock price target

Rothschild & Co Redburn has upgraded Apple (NASDAQ: AAPL) to ‘Buy’ from ‘Neutral’ and raised its Apple stock price target to $400 from $260. The upgrade, issued by analyst Timm Schulze-Melander, is based on the technology giant’s planned entry into the foldable smartphone market and a potential shift in its artificial intelligence strategy. The new target aligns with the broader Wall Street outlook, as highlighted by TipRanks. According to data …

Apple stock upgraded to Buy with $400 PT as foldable iPhone fuels bullish outlook

Apple has received a bullish upgrade from Rothschild & Co Redburn, with analysts pointing to the company’s planned entry into the foldable smartphone market and a potential shift in its artificial intelligence strategy. Redburn upgraded Apple to Buy from Neutral and raised its price target to $400 from $260. The new target implies a 31% upside from Apple’s Friday closing price of $305.93. Analysts led by Timm Schulze-Melander expect Apple to lau…