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J.P. Morgan Bullish on Apple Stock Amid iPhone 17 Launch

J.P. Morgan Bullish on Apple Stock Amid iPhone 17 Launch

Published:
2025-09-24 03:27:02
11
2
BTCCSquare news:

J.P. Morgan analyst Samik Chatterjee has upgraded expectations for Apple's stock following the launch of the iPhone 17. Despite a flat performance in 2025, the new model's early demand signals a potential resurgence. Chatterjee, ranked among the top 1% of Wall Street analysts, cites favorable volume projections for FY26.

Apple's struggles this year have stemmed from tariff concerns and perceived delays in AI innovation. The iPhone 17's rollout marks a pivotal moment for the tech giant, with retail queues forming despite muted initial enthusiasm. The company's fortunes now hinge on this hardware cycle to reignite growth.

|Square

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