Apple Upside Target to $260 Based on iPhone 17 Catalyst

about 2 months ago

"Apple is expensive at 30 times forward earnings with 5% revenue growth, but if they can boost growth from 6% to 10% with a strong iPhone 17 launch and revamped Siri, this stock could reach $260 within the next year."

The analyst is bullish on Apple (AAPL), arguing that innovative improvements like the iPhone 17 launch and Siri overhaul could drive revenue growth upward, providing a price target of $260. This signal is actionable for investors holding or considering buying Apple stock, especially if current valuations sharpen with improved growth expectations.

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