Apple (AAPL) Gains Analyst Confidence as iPhone 17 Lead Times Rise Ahead of Holiday Season

Apple Inc. (NASDAQ:AAPL) is one of the Buzzing AI Stocks on Wall Street. On December 1, JPMorgan has reiterated its Overweight rating on the stock with a $305.00 price target. The rating affirmation follows the firm’s analysis of product availability, highlighting strong y/y iPhone 17 demand due to tighter supply ramp. According to JPMorgan’s Apple Product Availability Tracker, lead times across the iPhone 17 series increased by one day in week 12. The firm noted that this trend is consistent with seasona ...