{"id":49803,"date":"2023-08-17T19:44:08","date_gmt":"2023-08-17T23:44:08","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/citi-continues-to-recommend-apple-as-iphone-15-launch-catalyst-is-on\/"},"modified":"2023-08-17T19:44:10","modified_gmt":"2023-08-17T23:44:10","slug":"citi-continues-to-recommend-apple-as-iphone-15-launch-catalyst-is-on","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=49803","title":{"rendered":"Citi continues to recommend Apple as ‘iPhone 15 launch catalyst is on’"},"content":{"rendered":"
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\u00a9 Reuters. Citi continue to recommend Apple (AAPL) as ‘iPhone 15 launch catalyst is on’<\/span>
\n<\/i>\n<\/div>\n

Citi analysts maintained a Buy rating and $240 per share price target on Apple (NASDAQ:) in a note Thursday.<\/p>\n

The analysts told investors that the “iPhone 15 launch catalyst is on.”<\/p>\n

“We continue to recommend our positive AAPL vs negative SWKS catalyst watch events going into iPhone 15 launch,” they wrote. “AAPL stock has outperformed SWKS ~500bps relatively since early August.”<\/p>\n

They noted that the recent US supply chain discussions point to a strong replacement cycle potential in the iPhone 12 installed base, with there being “excitement around ~30% faster charging on upgraded USB-C vs Lightning port.”<\/p>\n

“US supply chain IP15 unit expectations remain ~85M (Citi 81M), however, the launch timing could move around depending on potential component manufacturing supply constraints,” concluded the analysts.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Citi continue to recommend Apple (AAPL) as ‘iPhone 15 launch catalyst is on’ Citi analysts maintained a Buy rating and $240 per share price target on Apple (NASDAQ:) in a note Thursday. The analysts told investors that the “iPhone 15 launch catalyst is on.” “We continue to recommend our positive AAPL vs negative […]<\/p>\n","protected":false},"author":1,"featured_media":49804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-49803","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nCiti continues to recommend Apple as 'iPhone 15 launch catalyst is on' | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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Citi continue to recommend Apple (AAPL) as 'iPhone 15 launch catalyst is on' Citi analysts maintained a Buy rating and $240 per share price\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=49803\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-17T23:44:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-17T23:44:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/LYNXMPEDA10AZ_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=49803#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=49803\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Citi continues to recommend Apple as ‘iPhone 15 launch catalyst is on’\",\"datePublished\":\"2023-08-17T23:44:08+00:00\",\"dateModified\":\"2023-08-17T23:44:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=49803\"},\"wordCount\":148,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=49803#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=49803\",\"url\":\"https:\/\/ifintechworld.com\/?p=49803\",\"name\":\"Citi continues to recommend Apple as 'iPhone 15 launch catalyst is on' | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-17T23:44:08+00:00\",\"dateModified\":\"2023-08-17T23:44:10+00:00\",\"description\":\"\u00a9 Reuters. 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