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<Research> HSBC Research Raises Apple Inc. (AAPL.US) TP to USD260, Maintains Hold
HSBC Research issued a report stating that Apple Inc. (AAPL.US) reported revenue for 2Q26 that beat expectations by 1.7%, while its EPS forecast exceeded expectations by 3.8%. Desp...
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<Research> HSBC Research Raises Apple Inc. (AAPL.US) TP to USD260, Maintains Hold
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HSBC Research issued a report stating that Apple Inc. (AAPL.US)      reported revenue for 2Q26 that beat expectations by 1.7%, while its EPS forecast exceeded expectations by 3.8%. Despite facing supply constraints and rising memory prices, gross margin remained at a high level. The company confirmed an intensive future product roadmap, with capital allocation focused on increasing research and development expenditure, while share buybacks remain key.

HSBC Research maintained a Hold rating on Apple Inc., and raised its TP from USD250 to USD260 due to the upward revision in EPS forecasts. (ha/a)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsPPI YoY for Apr in United States is 6.0%, higher than the previous value of 4.3%. The forecast was 4.9%.

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