JP Morgan dismisses iPhone cuts report, hikes AAPL target to $360

T2Covered by 1 source · first reported by MacRumors / AppleInsider at 12 Oct, 11:29 UTC

Financial analysis firm JP Morgan has told investors to ignore reports of low iPhone 18 Pro demand and has raised its target price by $20 to $360. Demand for iPhone 18 Pro is not as low as other reports claim, say JP Morgan analysts Back in July 2026, JP Morgan lowered its target price to $340 on…