JP Morgan hikes Apple stock target to $290 on iPhone 17 demand

Investment firm JP Morgan has previously reported that the iPhone 17 demand was high, but now it is raising its target price because of it, saying that Apple is looking more positive than it has in a year.Apple's new iPhone 17Back in June 2025, JP Morgan analysts trimmed their Apple stock price because of perceived weakness with the iPhone. Then in July, it didn't raise that price, but did predict that eventually Apple would be worth a much higher target.According to a JP Morgan note to ...