JPMorgan Confident in Apple (AAPL) as iPhone 17 Demand-Supply Reaches Parity
Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks Investors Are Watching. On December 23, JPMorgan reiterated the stock as “Overweight” and a $305 price target. According to the firm’s survey checks, Apple’s iPhone 17 lead times have moderated by a few days this week from last week. “In Week 15 of our Apple Product Availability Tracker, lead times across the iPhone 17 series moderated by three days, relative to unchanged lead times observed from Wk14 to Wk15 in the prior year for iPhone 16, with average l ...