{"id":23276,"date":"2025-07-02T11:34:00","date_gmt":"2025-07-02T11:34:00","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=23276"},"modified":"2025-07-02T11:34:00","modified_gmt":"2025-07-02T11:34:00","slug":"jefferies-upgrade-sparks-apple-stock-recovery","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/jefferies-upgrade-sparks-apple-stock-recovery\/","title":{"rendered":"Jefferies upgrade sparks Apple stock recovery"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"628\" src=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/6-1024x536.png\" alt=\"\" class=\"wp-image-23278\" srcset=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/6-1024x536.png 1024w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/6-300x157.png 300w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/6-768x402.png 768w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/6-500x262.png 500w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/6-400x209.png 400w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/6-350x183.png 350w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/6-200x105.png 200w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/6.png 1200w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Apple\u2019s recent rebound reflects a shift in sentiment, with a more balanced analyst outlook renewing investor interest ahead of earnings. While the upgrade points to stronger short-term performance, concerns over tariffs and slowing innovation continue to cloud the longer-term outlook.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Apple rises on improved outlook<\/strong><\/h2>\n\n\n\n<p>Apple Inc. (AAPL) saw its share price rebound sharply on Tuesday, closing at $207.75 after briefly touching an intraday high of $210.15.<\/p>\n\n\n\n<p>The uptick came in response to a revised rating from Jefferies, with analyst Edison Lee upgrading the stock from \u201cunderperform\u201d to \u201chold.\u201d<\/p>\n\n\n\n<p>Although the new stance isn\u2019t overtly bullish, the more neutral tone helped Apple outperform a broader tech market pullback.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\u201cEveryone knows that Apple\u2019s behind, <a href=\"https:\/\/twitter.com\/search?q=%24AAPL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$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><\/p>\n\n\n\n<p>Lee, who has adjusted his outlook on Apple several times this year, now believes the company\u2019s June-quarter earnings may exceed expectations.<\/p>\n\n\n\n<p>He attributes this to strong promotional activity in China and accelerated purchases in the US ahead of anticipated tariff increases. Still, he remains cautious and warns that market expectations around tariffs may be too optimistic.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Tariffs and innovation concerns may limit gains<\/strong><\/h2>\n\n\n\n<p>Despite the recent price surge, Apple continues to underperform among the so-called \u201cMagnificent Seven\u201d tech giants.<\/p>\n\n\n\n<p>The stock is down roughly 17% year-to-date, with only Tesla showing a deeper decline.<\/p>\n\n\n\n<p><\/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><\/p>\n\n\n\n<p>Lee warns that new US tariffs \u2013 ranging from 10% on India to 30% on China \u2013 could reduce Apple\u2019s earnings per share by up to 7% over the next two fiscal years, even before factoring in potential levies on semiconductor components.<\/p>\n\n\n\n<p>On the product side, there are also concerns. Lee anticipates that the forthcoming iPhone 17 may not offer significant new features to drive demand.<\/p>\n\n\n\n<p>Meanwhile, Apple\u2019s progress in artificial intelligence appears to be lagging behind its competitors, with Lee noting that <a href=\"https:\/\/www.reuters.com\/business\/apple-weighs-using-anthropic-or-openai-power-siri-major-reversal-bloomberg-news-2025-06-30\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"AI has yet to become a \u201cgame changer\u201d\">AI has yet to become a \u201cgame changer\u201d<\/a> for the tech giant.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Technical analysis: Rally pauses near key resistance<\/strong><\/h2>\n\n\n\n<p>From a technical perspective, Apple shares jumped from $199.25 to a high of $210.15 in under 24 hours \u2013 a nearly 5% gain \u2013 before entering a narrow consolidation phase between $207.50 and $208.00.<\/p>\n\n\n\n<p>This suggests a temporary pause as traders evaluate whether the rally has further momentum.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"442\" src=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/487a8f8a-b783-4426-9747-19bb536c032a-1024x442.jpg\" alt=\"\" class=\"wp-image-23277\" srcset=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/487a8f8a-b783-4426-9747-19bb536c032a-1024x442.jpg 1024w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/487a8f8a-b783-4426-9747-19bb536c032a-300x129.jpg 300w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/487a8f8a-b783-4426-9747-19bb536c032a-768x331.jpg 768w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/487a8f8a-b783-4426-9747-19bb536c032a-500x216.jpg 500w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/487a8f8a-b783-4426-9747-19bb536c032a-400x173.jpg 400w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/487a8f8a-b783-4426-9747-19bb536c032a-350x151.jpg 350w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/487a8f8a-b783-4426-9747-19bb536c032a-200x86.jpg 200w, https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2025\/07\/487a8f8a-b783-4426-9747-19bb536c032a.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Picture: AAPL surge pauses near resistance, cooling off at the $210 mark, as seen on the <a href=\"https:\/\/apps.apple.com\/au\/app\/vt-markets-online-trading\/id1372647263?mt=8\" target=\"_blank\" rel=\"noopener\" title=\"VT Markets app\">VT Markets app<\/a>.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Short-term moving averages (5, 10, and 30-day) remain in bullish alignment, providing support to the current price action.<\/p>\n\n\n\n<p>However, the MACD indicator shows waning momentum following a bullish crossover, with the histogram beginning to fade \u2013 signalling potential exhaustion of the uptrend in the near term.<\/p>\n\n\n\n<p>If AAPL dips below the $206.80 level, a pullback towards $204 or even $202.50 is likely. On the upside, bulls will be looking for a sustained breakout above $210.15 to confirm further gains.<\/p>\n\n\n\n<p>Apple\u2019s earnings potential may keep the stock rangebound in the short term.<\/p>\n\n\n\n<p>However, any signs of weak September guidance or underwhelming demand for new devices \u2013 particularly the iPhone \u2013 could trigger a retreat below the $200 mark.<\/p>\n\n\n\n<p>Broader macroeconomic pressures could also reignite downside risk.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Click <a href=\"https:\/\/www.vtmarkets.net\/trade-now\/?utm_campaign=account_c&amp;utm_source=dma&amp;utm_medium=website\" target=\"_blank\" rel=\"noopener\" title=\"here\">here<\/a> to open account and start trading.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple\u2019s recent rebound reflects a shift in sentiment, with a more balanced analyst outlook renewing investor interest ahead of earnings. While the upgrade points to stronger short-term performance, concerns over tariffs and slowing innovation continue to cloud the longer-term outlook. Apple rises on improved outlook Apple Inc. (AAPL) saw its share price rebound sharply on <a href=\"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/jefferies-upgrade-sparks-apple-stock-recovery\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":102,"featured_media":23278,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[],"class_list":["post-23276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/23276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/comments?post=23276"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/23276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/media\/23278"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/media?parent=23276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/categories?post=23276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/tags?post=23276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}