AAPL Surges to New Highs Amid iPhone Hype
Apple's stock has been on a tear this year, with shares climbing 7% since the company unveiled the iPhone 18. BofA Securities analyst Wamsi Mohan maintains Apple with a buy rating and sets a target price of $370.
In other news, UBS says that Apple's average wait times for iPhone 18 availability have increased by about 3 days for the Pro model and 2 days for the Pro Max model week-over-week. Despite this, the company maintains its 'neutral' rating on Apple.