Tigress Financial Raises PT on Apple from $300 to $305, Keeps Buy Rating on the Stock

Group 1 - Apple Inc. is recognized as one of the 10 Best AI Stocks to Buy according to Goldman Sachs [1] - Tigress Financial raised the price target on Apple from $300 to $305 while maintaining a Buy rating, citing the recent launch event and ecosystem expansion [1][2] - JP Morgan analyst Samik Chatterjee reiterated a Buy rating on Apple, noting an increase in lead times for iPhone 17 pre-orders, which have risen by an average of four days across the lineup [2][3] Group 2 - Apple's lead times for the iPhone 17 are higher compared to the iPhone 16 cycle, with expectations that the base model will drive significant upside [3] - The average price target for Apple, based on analysts' estimates, is $247.50, indicating a potential downside of approximately 3.35% from current levels, while Tigress Financial's target of $305 suggests an upside of nearly 19.20% [3] - Apple is heavily investing in AI infrastructure and personnel, introducing 'Apple Intelligence' to enhance AI features across its product lineup [4]