Citi analysts are growing bullish on Apple, pointing to soaring iPhone 17 sales and movement towards the new, improved Siri.
iPhone 17
iPhone 17
There’s no doubt that Apple is having a banner year, and analysts are adjusting their predictions accordingly. Citi has doubled down on its “buy” rating for Apple’s stock, raising the target price from $315 to $330.
Apple’s stock had a price of $277.18 by market’s end on Tuesday. As CNBC notes, a jump to $330 would mean a 19% boost, up considerably from the 13% the analysts had initially quoted.