Raymond James Resumes Apple Coverage with ‘Market Perform’ Rating

Apple stock heads into Monday under a valuation spotlight after Raymond James turns neutral on AAPL

NEW YORK, Jan 4, 2026, 16:23 ET — Market closed Apple Inc shares closed Friday down about 0.3% at $271.01, giving back a slice of their late-2025 run. Raymond James resumed coverage with a “market perform” rating — Wall Street shorthand for a neutral view — citing a rich valuation and a thin near-term catalyst calendar, according to an Investors Business Daily report. The stock is valued at roughly 30 times trailing earnings, a price-to-earnings…

Raymond James Resumes Apple Coverage with ‘Market Perform’ Rating

Apple’s Sky-High Valuation Meets Wall Street Skepticism In the opening days of 2026, investment bank Raymond James made waves by resuming coverage of Apple Inc., but the tone was far from celebratory. Analysts at the firm initiated their assessment with a “Market Perform” rating, essentially signaling that they see limited potential for the stock to outperform the broader market in the near term. This move comes amid Apple’s stock trading at ele…