Interesting Timing For China iPhone Ban With Huawei Recent Launch

Apple (AAPL) analysts are reacting to China’s iPhone crackdown. A BofA analyst notes that the timing of the ban is “interesting: with the recent launch by Huawei as a “real alternative to an iPhone.” Wedbush highlights that any potential China government agency iPhone ban is “way overblown.” Wedbush maintains an outperform rating on AAPL and maintains a $230 price target. Wedbush suggests that less than 500,000 iPhone sales are likely to be affected by the reported China government agency ban. Renita Young weighs in on this news. Tune in to find out more about the stock market today.