Jefferies Upgrades Apple Stock to Hold on China Recovery

Jefferies upgrades Apple to a hold, says June quarter has upside and could keep stock stable

Jefferies believes that strong sales in the most recent quarter could mean a slowdown in demand come the September quarter.

Jefferies upgrades Apple stock to Hold on China recovery

Apple (AAPL) Rises After Jefferies 'Upgrade' on 15% iPhone Sales Surge – Yahoo

July 2 – Apple (NASDAQ:AAPL) was upgraded to ‘Hold‘ from Underperform by Jefferies, as the bank sees potential upside in third?quarter iPhone sales. GuruFocus. READ SOURCE

Jefferies upgrades Apple on potential for earnings beat

Edison Lee, a Jefferies analyst, upgraded Apple stock to Hold from Underperform in a research note released on Tuesday, pointing to the possibility that the next earnings report could exceed expectations. The analyst's focus is on China, where Lee estimates iPhone sales rose by approximately 10% in the first two months of the June quarter, fueled by strategic discounts. This underpins his prediction of an 8% revenue increase for Apple overall in…

Apple exec says industry expectations won’t drive price rises

Apple’s Oliver Schusser has been addressing the topic of subscription price rises in his latest interview. Asked by Music Week about music industry expectations of regular increases from now on, Schusser did not mince his words. “Well, I don’t really care what the music industry expects. We’re very focused on providing great value to our customers,” he […] The post is from Music Ally.

Jefferies raises Apple target $17.70 to (soggy) $188.32 | Philip Elmer‑DeWitt

From Adam Clark's "Apple Stock Gets an Upgrade. That Doesn’t Mean It’s Time to Buy." posted Tuesday by Barron's.