Apple is slipping on Tim Cook’s exit. Wall Street says buy anyway0

• Business, C-Suite, Finance, Leadership
• April 21, 2026

The stock fell nearly 1% to around $270 after Tuesday’s open on news Ternus would succeed Cook on Sept. 1, with Cook transitioning to executive chairman after 15 years as CEO.  Wedbush, Evercore, Citi, and BofA all kept buy ratings with price targets between $315 and $350. Some of the wariness tracked with Bloomberg Intelligence