{"id":25663,"date":"2025-07-02T01:58:35","date_gmt":"2025-07-02T01:58:35","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=25663"},"modified":"2025-07-02T01:58:35","modified_gmt":"2025-07-02T01:58:35","slug":"apple-stock-rebounds-on-jefferies-upgrade","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/apple-stock-rebounds-on-jefferies-upgrade\/","title":{"rendered":"Apple Stock Rebounds on Jefferies Upgrade"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image_fx-40-1024x559.png\" alt=\"\" class=\"wp-image-21976\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Apple closed at $207.75, rebounding from a low of $199.25 after a Jefferies upgrade.<\/li>\n\n\n\n<li>Analyst warns iPhone sales may stagnate in H2; tariffs could cut earnings by up to 7%.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>Apple shares (AAPL) bounced sharply on Tuesday, closing at $207.75 after reaching a high of $210.15. The rally followed a Jefferies analyst\u2019s decision to upgrade the stock from \u201cunderperform\u201d to \u201chold.\u201d Although not bullish, the shift in tone helped Apple outperform a broadly weaker tech sector.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\u201cEveryone knows that Apple\u2019s behind, <a href=\"https:\/\/twitter.com\/search?q=%24AAPL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$AAPL<\/a> has admitted it,\u201d TechRadar editor-at-large Lance Ulanoff says on Apple\u2019s lack of AI progress. <a href=\"https:\/\/t.co\/QiiKBcrOF5\">pic.twitter.com\/QiiKBcrOF5<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1940150920630644801?ref_src=twsrc%5Etfw\">July 1, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Jefferies analyst Edison Lee, who has shifted stances multiple times this year, acknowledged that June-quarter results may be stronger than expected\u2014thanks to Chinese promotions and U.S. consumers accelerating purchases ahead of expected tariff hikes. However, Lee remains cautious on the outlook, stating Wall Street is \u201coverly optimistic\u201d about the tariff impact.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Tariffs and Product Worries May Cap Upside<\/h2>\n\n\n\n<p>Despite Tuesday\u2019s strength, Apple remains one of the weakest performers in the \u201cMagnificent Seven.\u201d Its stock is down roughly 17% year-to-date, outpacing only Tesla\u2019s -25% decline.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Alphabet&#39;s rough run in 2025 may be nearing the end.<a href=\"https:\/\/twitter.com\/search?q=%24GOOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$GOOG<\/a> has been down over 8% year to date, underperforming the Nasdaq and lagging far behind high-flying &quot;Magnificent Seven&quot; peers like Nvidia, which hit a record high earlier this week.<br><br>But, in a new Jefferies report, its\u2026 <a href=\"https:\/\/t.co\/SWLYeVqaQV\">pic.twitter.com\/SWLYeVqaQV<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1939270196285342107?ref_src=twsrc%5Etfw\">June 29, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Lee estimates that even a mild round of U.S. tariffs (10% on India, 20% on Vietnam, 30% on China) could cut Apple\u2019s EPS by 7% over two fiscal years\u2014before accounting for potential chip-sector tariffs.<\/p>\n\n\n\n<p>On the innovation front, Lee notes that the upcoming iPhone 17 launch may lack compelling features, while <a href=\"https:\/\/t.co\/9Z8hblmebY\" target=\"_blank\" rel=\"noopener\" title=\"\">AI integration still lags rivals<\/a>. \u201cAI is not yet a game changer,\u201d he wrote, casting doubt on sustained upside from consumer upgrades.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>Apple (AAPL) surged sharply from $199.25 to a session high of $210.15, marking a near +5% gain in less than 24 hours. The rally appears to have been triggered by renewed bullish sentiment, with earnings optimism and recent AI-related headlines fuelling the push. Price has since entered a tight consolidation range between $207.50 and $208.00, suggesting a pause as traders assess whether there\u2019s fuel for a follow-through.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"552\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/487a8f8a-b783-4426-9747-19bb536c032a.jpg\" alt=\"\" class=\"wp-image-25664\" \/><\/figure>\n\n\n\n<p><em>Picture: AAPL surge pauses near resistance, cooling off at the $210 mark, as seen on the <a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\" target=\"_blank\" rel=\"noopener\" title=\"\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>Moving averages (5, 10, 30) are still in bullish alignment, with the short-term MA hugging price support. MACD momentum is softening after an explosive bullish crossover, with histogram bars fading\u2014indicating the uptrend is losing steam, at least short term. Should price break below $206.80, a retracement toward $204 or even $202.50 is possible. Bulls will want to see a decisive push above $210.15 to confirm continuation.<\/p>\n\n\n\n<p>Earnings momentum could keep AAPL range-bound in the short term. However, weak September guidance or lacklustre iPhone interest could see the stock drift back below $200, especially if macro headwinds re-emerge.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*1azgbap*_gcl_au*NjE5NTE3MjY4LjE3NDQ2MDA3NDI.*_ga*MTY4OTgwNTU5Mi4xNzM2NzQ2MTgy*_ga_J26NL1ZVX7*czE3NDQ5NDQ0NTYkbzEyMCRnMCR0MTc0NDk0NDQ1NiRqNjAkbDAkaDA.\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple stock jumped 1.3% on Tuesday following a Jefferies upgrade to Hold, yet analysts remain cautious on tariff risks, lacklustre product innovation, and uncertain sales guidance for Q3. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":21976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[7],"class_list":["post-25663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-stocks"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/25663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=25663"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/25663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/21976"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=25663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=25663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=25663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}