
Analysts have shown renewed confidence in Apple Inc. ($AAPL) ahead of its upcoming Q4 earnings report. JPMorgan has rated the stock as 'Overweight', noting that their iPhone 16 tracker indicates improving momentum and lead times for iPhone 16 Pro models, suggesting a recovery in demand. Additionally, Evercore ISI has added Apple to its 'tactical outperform' list, expressing a bullish outlook as market sentiment has turned more bearish in recent weeks. Analysts believe that buy-side expectations are likely lower than current consensus estimates, which could position Apple favorably for its earnings announcement later this month. Overall, the positive analyst ratings reflect an increase in investor confidence regarding Apple's stock performance.
Apple Stock Added To 'Tactical Outperform' List Ahead Of Earnings https://t.co/HSgMV6K9Mt
Analysts revisit Apple stock ratings on iPhone demand, expectations https://t.co/azi7WhBQbo
Analyst upgrades Apple to 'tactical outperform' ahead of earnings report, increasing investor confidence in stock performance. $AAPL