Apple Ranks Fourth in Trading Volume as Analysts Debate Tariff Impact on Stock

On April 17, 2025, Apple (AAPL) closed at $100.96 billion in trading volume, ranking fourth in the day's market activity. The stock rose by 1.39%.

Evercore ISI has reaffirmed its "Outperform" rating on Apple, setting a price target of $250. The firm believes that Apple is well-positioned to deliver upside in the March quarter, despite potential tariff headwinds. The focus will be on the June quarter guidance and how Apple incorporates the impact of tariffs. Currently, imports from China are subject to a 20% tariff, but there is concern about a sector-specific tariff that could affect electronics imported from China in the coming months.

Analyst Amit Daryanani noted that Apple has been using multiple Boeing 747 aircraft to transport iPhones, highlighting the company's significant logistical efforts in managing inventory amidst tariff tensions. Despite these challenges, Evercore remains confident in its rating and price target for Apple.

Wedbush has also adjusted its price target for Apple, lowering it from $325.00 to $250.00 while maintaining an "Outperform" rating. This adjustment reflects the firm's assessment of the current market conditions and the potential impact of tariffs on Apple's operations.