A few weeks ago, JP Morgan set a $345 price target for Apple’s stock through December 2027. Following yesterday’s quarterly results, the investment bank has slightly lowered its outlook. Here are the details.
JP Morgan lowers AAPL target
As reported by AppleInsider, JP Morgan has lowered its price target for Apple’s stock from $345 to $350.
From AppleInsider:
In a note seen by AppleInsider, JP Morgan shares that it believes high demand for products like the iPhone 17 and MacBook Neo has helped maintain momentum in the product cycle. Siri AI’s impending launch will also help drive demand going into Q4 2026.
