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Evercore raises its Apple price target to $330 on iPhone 17 demand

Investment firm Evercore has upgraded its price target for Apple, again because of the continued success of the iPhone 17 family.

Smartphone lying on a wooden surface, displaying three camera lenses and an Apple logo on the back.
Demand for the iPhone 17 range has centered on the higher-end models like the iPhone 17 Pro

Back in September 2025, Evercore raised its target price twice, going from $250 to $290, expressly because of the iPhone 17 and then the iPhone Air. In late October, the price went to $300, again because of the strong sales of the new models.

But then in December 2025, it was the expectation that an overhauled Siri would drive sales in 2026 that prompted a target rise to $325.

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