---
title: "BUZZ-Apple rises as Evercore turns bullish on strong iPhone 17 demand"
description: "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"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261899635.md"
published_at: "2025-10-20T13:26:39.000Z"
---

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

> 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 (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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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.