AI Delays and Tariffs Prompt Bank of America to Lower Apple Stock Price Target
TECHi 2025-04-24
Summary:
Apple has run into a small barrier along the path to its AI-driven future. Bank of America lowered its price target on Wednesday, moving from $250 to $240 on the Apple stock, reflecting increasing anxiety among investors. The downgrade is due to growing investor concern over delays to Apple’s AI-powered Siri upgrade, along with rising […]
The post AI Delays and Tariffs Prompt Bank of America to Lower Apple Stock Price Target first appeared on TECHi and is written by Fatimah Misbah Hussain.