Apple (AAPL) Stock Target Lifted to $280 as Analysts See Upside in iPhone 17 Cycle

Apple Inc. (NASDAQ:AAPL) is one of the Buzzing AI Stocks on Wall StreetOn September 19, JPMorgan reiterated the stock as “Overweight” and raised its price target on the stock to $280 per share from $255. The firm cited favorable early demand for the iPhone 17 series.

“iPhone 17 series has been available to consumers for a few days now and early demand indications are outlining the opportunity for the volume cycle to not only track higher than our initial expectations (which incorporated concerns around digestion following a pull-forward in iPhone 16 series), but also upside to iPhone 16 series volumes on a y/y basis.”

Apple is a technology company known for its consumer electronics, software, and services.

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