Apple Stock Approaches Buy Point Following Launch Of New iPhone, New CEO

Source: Investor's Business Daily ·

Apple Stock Approaches Buy Point Following Launch Of New iPhone, New CEO

Apple stock was trading just below a buy point as it aimed to stretch a string of weekly wins. Apple this month began selling its iPhone 18 Pro and Pro Max smartphones, prompting an optimistic price-target hike from Evercore ISI analyst Amit Daryanani. Daryanani reiterated his outperform rating on Apple stock and raised his price target to 380 from 365.

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