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Apple (AAPL) Rebounds on Evercore Buy; $490M China Settlement Clouds Outlook | 11thestate | Login to see the signal | |
$AAPL: Evercore Reaffirms Buy With $250 PT — $490M Settlement Still Looms Over SharesSummaryEvercore reaffirmed Buy on Apple (AAPL) with a $250 target, above the $227.76 close and $239.60 consensus. A $490M China-related settlement resolves litigation but clouds sentiment ahead of new product and AI initiatives. |
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