Morgan Stanley cut Apple price target over tariffs, Siri AI delay
Morgan Stanley cut its price target on Apple (AAPL) stock from $275 to $252 over delays in upgrading its Siri digital assistant with AI and tariff challenges for the iPhone maker. Catalysts host Madison Mills and Yahoo Finance executive editor Brian Sozzi react to this analyst commentary.
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Apple is one of the most financially sound companies on Earth. It generated a jaw-dropping $36.3 billion in net income in Q1.
While other tech stocks rallied, Apple shares slid Wednesday, extending a string of recent losses amid concerns over delayed Siri features and the impact of tariffs.
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Apple stock under serious selling pressure, down 10.85% year-to-date. Negative signals like MACD, RSI, and delayed AI rollout ...
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