Apple shares to tumble nearly 30% as earnings take tariff hit, Moffett Nathanson predicts

Brian Evans - CNBC - 21/04
"There are no easy answers here. Apple is inextricably tied to opposing forces at the center of the trade tensions," the Wall Streetv researcher said.
No reprieve is coming to save Apple stock in the short-term, according to Moffett Nathanson. Despite slumping more than 23% so far in 2025, analyst Craig Moffett said stock in the iPhone maker is "still a long way from out of the woods." Moffett reiterated a sell rating on Apple on Monday, slashing his price target to $141 per share from $184. The Wall Street researcher's forecast implies more than 28% downside ahead, from Apple's $196.98 close last Thursd...
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