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Citi Raises Apple Stock Price Target as Premium Brand Power Protects Margins

Citi Raises Apple Stock Price Target as Premium Brand Power Protects Margins

Key Stats for Apple Stock

  • Price change for Apple stock in last 6 months: 22%
  • $AAPL Stock Price as of Jul. 13: $317
  • 52-Week High: $323
  • $AAPL Stock Price Target: $317

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What Happened?

Apple (AAPL) stock is getting fresh support from Wall Street. Citi raised its price target to $365 from $315, implying 16% upside from Friday’s close.

Analyst Asiya Merchant says Apple’s ability to raise prices selectively should help offset margin pressure, while its loyal customer base should keep demand steady even in a slower market. She also pointed to the iPhone 18 launch in September as a catalyst that…

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