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Apple Stock Slips as JPMorgan Trims Price Target Over Weak iPhone Demand

Friday June 27, 2025. 05:06 AM , from TheMacObserver
Apple’s stock slipped slightly on Thursday after JPMorgan lowered its 12-month price target for the company from $240 to $230. The investment bank cited weakening demand for the upcoming iPhone 17 and broader economic pressures but kept its “Overweight” rating unchanged, indicating continued long-term confidence. According to Investor’s Business Daily, the revision highlights mounting uncertainty […]
The post Apple Stock Slips as JPMorgan Trims Price Target Over Weak iPhone Demand appeared first on The Mac Observer.
Read more at TheMacObserver
https://www.macobserver.com/news/apple-stock-slips-as-jpmorgan-trims-price-target-over-weak-iphone-d...

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