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