RRaymond James AApple · AAPL
Raymond James Reiterates Market Perform Rating on Apple Following CEO Transition
Rating
Hold
Price target
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Previous
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Implied upside
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Raymond James analyst Srini Pajjuri reiterated a Market Perform rating on Apple (NASDAQ: AAPL).
“We maintain our Market Perform rating on Apple following the announced CEO transition, with Tim Cook stepping down and Senior Vice President of Hardware Engineering John Ternus assuming the role effective September 1, 2026.
We view the transition as incrementally positive for product innovation, though it introduces heightened execution risk at a critical juncture. We remain on the sidelines.”
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