Apple Stock Gets Three Price-Target Hikes. Here's Why.
.jpg)
Apple ( AAPL ) stock has received three price-target hikes from Wall Street analysts this week. They see the consumer electronics giant benefiting from strong iPhone sales and the launch soon of an AI-powered Siri digital assistant. Late Monday, Citi analyst Atif Malik reiterated his buy rating on Apple stock and upped his price target to 330 from 315. But on the stock market today , Apple stock dipped 0.3% to close at 277.18. Owners of iPhone 12 and 13 model handsets bought during the Covid pandemic of 2020 and 2021 are "entering their upgrade window," Malik said in a client note. He sees robust iPhone 17 sales throughout 2026 as consumers upgrade their smartphones. Malik also noted the possibility that Apple could push the release of the base model iPhone 18 from fall 2026 to early 2027. Earlier on Monday, Wedbush Securities analyst Daniel Ives raised his price target on Apple stock to 350 from 320. He kept his outperform rating. "2026 is going to finally be the y...