Melius ups Apple price target to $260, cites upcoming iPhone cycles

MacDailyNews
Aug 13, 2025, 3:29 pm212 pts
On August 8th, Melius analyst Ben Reitzes raised his price target on Apple stock to $260 (from $240 ) while maintaining a “Buy” rating. Insider Monkey: ‎ The firm is optimistic about the upcoming iPhone product cycles. It also believes that Siri AI concerns are overblown. “Apple’s stock has reacted nicely to…

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