Morgan Stanley cut Apple price target over tariffs, Siri AI delay
Morgan Stanley cut its price target on Apple (AAPL) stock from $275 to $252 over delays in upgrading its Siri digital assistant with AI and tariff challenges for the iPhone maker. Catalysts host Madison Mills and Yahoo Finance executive editor Brian Sozzi react to this analyst commentary.
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While other tech stocks rallied, Apple shares slid Wednesday, extending a string of recent losses amid concerns over delayed Siri features and the impact of tariffs.
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Overall, Wall Street has a Hold consensus rating on Tesla stock based on 12 Buys, 13 Holds, and 12 Sell recommendations. The average TSLA stock price target of $331.07 implies 37.6% upside potential.
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