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AppleInsider · October 12, 2026 — 13:29

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

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

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 analystsBack in July 2026, JP Morgan lowered its target price to $340 on concerns about supply constraints. Now…

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