Apple Stock: Better-Than-Expected iPhone Cycle Merits New Price Target, Says Top Analyst
Apple’s (NASDAQ:AAPL) latest iPhone refresh cycle appears to be off to a good start, driven by a robust product lineup, especially in the premium segment.
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That is the conclusion reached by Evercore’s Amit Daryanani, an analyst ranked amongst the top 1% of Street stock experts, who points to the investment firm’s annual survey as reason to believe the cycle has kicked off in better-than-expected fashion.
The 2025 iPhone survey indicates a “solid upgrade environment,” with 59% of participants planning to buy an iPhone. While this…
