Apple target lifted at Morgan Stanley on stronger-than-expected iPhone 17 cycle
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Evercore ISI: 'we believe Apple is still well positioned to achieve double digit Services growth'
October 2, 2025 3:09 PM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $290.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "App Store revenues grew +7% y/y in the month of September, deaccelerating from August growth of +14% (implied Q3 growth rate is +11.8%). Prior to September, App Store revenues had grown double digits for the last six quarters. In addition, y/y growth rates across all of the categories we track slowed from... More
