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Apple's Stock Price Soars to Yearly Record High: Robust iPhone Demand Spurs Investment Banks to Elevate Ratings
2025-10-21 /
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Author：小编
On October 20, 2025, Apple's stock price soared to a new yearly peak, climbing 3.9% to $262.24. This surge not only eclipsed the previous high set in December of the preceding year but also propelled the company's total market capitalization to an impressive $3.89 trillion. Earlier, Loop Capital had revised its rating of Apple from 'Hold' to 'Buy', marking it as the latest investment bank to voice optimism regarding the trends in iPhone demand. Analysts observed that the latest device update cycle is fueling a surge in upgrade demand. Consequently, they have raised the target price to $315, indicating a potential upside of approximately 25% from Friday's closing price.
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