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Evercore ISI Reiterates Outperform Rating on Apple (AAPL)

February 18, 2025 5:12 AM EST

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $260.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "ALL YOU NEED TO KNOW: The fourth-generation iPhone SE is expected to be released sometime around March (expecting an announcement in mid/ late February). We think this could modestly bolster growth in Mar-qtr but be more material as units ramp-up in Junqtr and Sept-qtr. Our sense is that the iPhone SE (4th gen) will feature notable hardware upgrades and come... More