Apple (AAPL) Target Gets Cut to $245 by JPMorgan
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Apple (AAPL) stock has rebounded in the past week following a horrid start to April 2025. The stock is currently trading just over $200 a share, rebounding from under $190 just seven days ago. The iPhone maker’s shares dropped following tariff threats at the beginning of April and are still riding a wave of uncertainty. This caused several analysts and bank experts to cut their forecasts for several top stocks, such as Apple Inc. In particular, analysts at JPMorgan have reduced their upcoming price forecast for Apple (AAPL) stock from $270.00 to $245.00. However, they maintained an overweight rating on the shares, suggesting there is still potential to outperform.
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