JPMorgan cuts Apple stock price target on soft iPhone 17 outlook and delayed AI payoff

9to5Mac
By Marcus MendesJun 26, 2025, 7:13 pm227 pts
Apple’s stock took a minor confidence hit today, as JPMorgan lowered its price target, though the firm kept its overall rating intact. The adjustment comes as analyst Samik Chatterjee and his team dial back expectations for Apple’s medium-term revenue and earnings, citing weakening demand drivers tied to…

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