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Citi analysts are growing bullish on Apple, pointing to soaring iPhone 17 sales and movement towards the new, improved Siri.
iPhone 17
There’s no doubt that Apple is having a banner year, and analysts are adjusting their predictions accordingly. Citi has doubled down on its “buy” rating for Apple’s stock, raising the target price from $315 to $330.
Apple’s stock had a price of $277.18 by market’s end on Tuesday. As CNBC notes, a jump to $330 would mean a 19% boost, up considerably from the 13% the analysts had initially quoted.
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