Apple (AAPL.O) shares rise 2% to $257.11 premarket
Evercore ISI adds stock to Tactical Outperform list; maintains PT of $290
Brokerage says iPhone 17 demand looks stronger than a typical upgrade cycle
“We expect a new and improved Siri to be launched by March 2026, which could provide the backbone for product launches in new categories” - Melius Research
Average rating of 51 analysts is “buy,” their median PT is $250 - data compiled by LSEG
Up to last close, stock is up ~1% this year

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Appleshares rise 2% to $257.11 premarketEvercore ISI adds stock to Tactical Outperform list; maintains PT of $290Brokerage says iPhone 17 demand looks stronger than a typical upgrade cycle“We expect a new and improved Siri to be launched by March 2026, which could provide the backbone for product launches in new categories” - Melius ResearchAverage rating of 51 analysts is “buy,” their median PT is $250 - data compiled by LSEGUp to last close, stock is up ~1% this year

- Apple shares increased by 2% to $257.11 in premarket trading.  
- Evercore ISI has added the stock to its Tactical Outperform list, maintaining a price target of $290, citing stronger than usual demand for the iPhone 17.  
- Analysts have an average rating of "buy" with a median price target of $250, while the stock has risen approximately 1% year-to-date.  

Reuters

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BUZZ-Apple rises as Evercore turns bullish on strong iPhone 17 demand