Argus hikes Apple target price to $280 on ‘positive signs for iPhone sales’

MacDailyNews
Jan 6, 2025, 5:04 pm321 pts
Argus analyst Jim Kelleher on Monday raised his Apple price target from $250 to $280, citing increased fiscal 2025 earnings estimates. He also noted that Apple’s Asian suppliers report iPhone 16 sales are meeting expectations, with no production cuts announced by either Apple or its suppliers. Chris Ciaccia…

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