Jefferies boosts Apple price target citing resilience to cost pressures

Investment firm Jefferies has increased its price target for Apple to $283.36 from $246.99, according to a new research note. The firm maintained its Hold rating on the stock, signaling a cautious but optimistic outlook.
At the time of the update, Apple’s shares were trading around $274.62, meaning the new target implies a modest potential upside of approximately 3%.
Analysts at Jefferies highlighted Apple’s strong positioning against rising memory costs, largely thanks to the compa