BUZZ-Apple rises as Evercore turns bullish on strong iPhone 17 demand

Reuters
2025.10.20 13:26
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Appleshares rise 2% to $257.11 premarketEvercore ISI adds stock to Tactical Outperform list; maintains PT of $290Brokerage says iPhone 17 demand looks stronger than a typical upgrade cycle“We expect a new and improved Siri to be launched by March 2026, which could provide the backbone for product launches in new categories” - Melius ResearchAverage rating of 51 analysts is “buy,” their median PT is $250 - data compiled by LSEGUp to last close, stock is up ~1% this year

Apple (AAPL.O) shares rise 2% to $257.11 premarket

Evercore ISI adds stock to Tactical Outperform list; maintains PT of $290

Brokerage says iPhone 17 demand looks stronger than a typical upgrade cycle

“We expect a new and improved Siri to be launched by March 2026, which could provide the backbone for product launches in new categories” - Melius Research

Average rating of 51 analysts is “buy,” their median PT is $250 - data compiled by LSEG

Up to last close, stock is up ~1% this year

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