Apple stock outlook analysis: Is Apple’s iPhone Air hype already priced into stock, or is there any upside? Top Wall Street analyst weighs in
Apple just pulled the curtain back on its thinnest iPhone yet, the 5.6 mm iPhone Air, during its highly anticipated September 9 event.
With a titanium frame, 120 Hz ProMotion display, and a $999 price tag, the device marks Apple’s first major iPhone redesign in nearly a decade.
Despite the buzz, the stock reaction has been muted. Apple is down 6.42% year-to-date, with only a 2.2% rise over the past month.
Jefferies veteran Edison Lee maintains a hold rating and a price target of $205.82, noting that much of the positive sentiment around the iPhone Air is already reflected in the stock. Instead of joining the bullish chorus, he delivered a surprising verdict that left many Apple watchers questioning whether now is the right time to…
