HSBC Upgrades Apple Inc. Rating to Buy, Target Price Raised to $366

By: rootdata|2026/07/17 12:34:30

HSBC has upgraded Apple Inc.'s stock to a buy rating, raising the target price from $260 to $366. HSBC noted that Apple is at an operational turning point, able to avoid high capital expenditure controversies, with investments accounting for only 2.5% of sales in 2026. In contrast, the investment ratio for large-scale cloud service providers is as high as 39%. Apple also has the advantage of leveraging its base of 2.5 billion installed devices to launch the upcoming updated Apple smart system. HSBC believes that Apple's hardware product line is strong, including the iPhone 18 Pro and Pro Max set to launch this fall, the iPhone Air scheduled for April 2027, and a book-style foldable phone.

Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.

You may also like

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com