Evercore raises AAPL price target to $380 on new iPhone demand
Evercore raised its price target for Apple stock to $380 due to higher-than-expected demand for the new iPhone 18 Pro range and Apple Watch Series 12. The investment firm's survey found that 32% of respondents plan to buy the iPhone 18 Pro Max, up from 29% who intended to buy the iPhone 17 Pro Max. The new iPhone Duo is expected to have lower demand, with 14% of respondents planning to buy it.
Why it matters: The increased demand for Apple's new products may impact the company's earnings and stock price.




























