Apple Gets Upgrade to Buy on Strong Product Prospects
Apple's stock received an upgrade from Rothschild to Buy on Monday, with analysts citing the company's strong product roadmap and potential entry into the foldable iPhone market.
Rothschild's analysts noted that Apple Intelligence has been disappointing, but they are optimistic about the company's future prospects.
The investment firm set a price target of $400 for Apple stock, based on its assessment of the company's strengths.