Apple (AAPL) Could Gain From Tariff Shake-Up, iPhone and AI Bets Drive Optimism
Loop Capital maintains a Hold rating for Apple with a $215 price target despite tariff concerns. Apple is adjusting production and pricing, with a focus on the iPhone 17 line, to stabilize amidst trade volatility. The firm predicts strong shipment forecasts for upcoming quarters and suggests that strategic moves may offset tariff impacts.