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Barchart
Wajeeh Khan

Citi Just Upped Its Price Target on Apple Stock. Here's Why.

Apple Citi Asiya Merchant AAPL

Apple (AAPL) shares are inching higher on Monday after a senior Citi analyst said the company’s robust fundamentals will drive it higher through the remainder of 2026.

In a research note this morning, Asiya Merchant maintained a “Buy” rating on the iPhone maker and raised her price target to $365, indicating potential for another 16% upside from current levels.

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