U.S. stocks out of the norm | Strong demand for iPhone 17 series, Apple (AAPL.US) rises over 3%
According to 21st Century Business Herald APP, on Monday, Apple (AAPL.US) surged more than 3%, reaching a new high in over eight months, at 253.40 US dollars. In terms of news, driven by strong demand signals for the iPhone 17 series, Wedbush has raised Apple's target price from $270 to $310. The institution pointed out that the iPhone 17 series is driving Apple into a true replacement cycle, and it maintains an "outperform" rating on Apple compared to the broader market.
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