JPMorgan Turns More Positive on Apple (AAPL) Heading Into Earnings

Apple Inc. (NASDAQ:AAPL) is a Must-Watch AI Stock on Wall Street. On October 27, JPMorgan reiterated the stock as “Overweight” and raised its price target on the stock to $290 per share from $280. The rating affirmation comes ahead of the earnings print on October 30.

"AAPL shares are heading into the upcoming earnings print with a greater halo of positivity than any time in the past year with the discussion around the investment thesis narrowing down to outcomes on iPhone sales for the iPhone 17 series, and following it, the iPhone 18 series to be launched next year."

Apple is a technology company known for its consumer electronics, software, and services.

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