HSBC Upgrades Apple To Buy, Sees "AI Boost" Sparking Device-Upgrade Cycle
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Source: Zero Hedge
Published: 2026-07-18 04:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
Days after KeyBanc analysts Brandon Nispel and John Vinh downgraded Apple over concerns that soaring memory chip costs and rising iPad, Mac, and iPhone prices could spark a growth slowdown, HSBC analysts took the opposite view, upgrading the stock to a "Buy" rating to end the week.
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