Apple (AAPL) PT Raised to $290 at DA Davidson

DA Davidson analyst Gil Luria raised the price target on Apple (NASDAQ: AAPL) to $290.00 (from $260.00) while maintaining a Buy rating.

The analyst comments: "We reiterate our BUY rating and raise our price target from $260 to $290 following mixed results in 1Q25 that had positive notes in various segments that were slightly overshadowed by some negatives, primarily out of Greater China. That being said, Apple Intelligence is clearly benefiting iPhone growth in regions/countries where it is available. And while it is still being rolled out slower than initially anticipated, new regions will have their hands on Apple Intelligence soon, along with new features for existing users."

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