This article first appeared on GuruFocus. Apple (NASDAQ:AAPL) could have more room to run despite trading near record highs, with Evercore ISI raising its price target to $380 and maintaining an Outperform rating after its latest consumer survey pointed to a stronger-than-expected iPhone 18 upgrade cycle. Warning! GuruFocus has detected 2 Warning Sign with META. Is AAPL fairly valued? Test your thesis with our free DCF calculator.AAPL GF Value chart Apple shares were recently trading around $337, putting Evercore's new target roughly 13% above current levels. The stock has already surged about 35% over the past six months and sits close to its 52-week high of $344.57.
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