Apple Stock Gets an Upgrade. That Doesn’t Mean It Is Time to Buy. - Barron's

1. Apple stock received an upgrade to Hold from Underperform by Jefferies analyst. 2. Estimated iPhone sales in China grew about 10% early in June quarter. 3. Analyst forecasts 8% revenue growth, exceeding Apple's guidance expectations. 4. Potential tariffs could impact AAPL with a projected 7% earnings hit. 5. Lee's price target suggests a decline to $188.32, indicating cautious sentiment.