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HSBC upgrades Apple to Buy with $333 target amid strong market share and stable finances.

Analyst Insights
16 Jul 2026
Andrew Wynn
View Source
Bullish
pluang ai news

HSBC has upgraded Apple to a Buy rating with a target price of $333.26, citing Apple's strong market position despite rising manufacturing costs for the next iPhone. Apple's smartphone market share grew to 20% in Q2 2026, providing a financial cushion amid cost challenges. The company maintains solid financial health with good liquidity and a balanced capital structure, supporting investor confidence.

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