Apple Inc. (NASDAQ:AAPL) is considered one of the best Nancy Pelosi stocks to buy in 2026. JPMorgan raised Apple’s price target to $315 from $305 with an Overweight rating due to strong iPhone 17 demand. Morgan Stanley also has an Overweight rating and a $315 price target, expecting iPhone revenue to exceed expectations.

Apple stock has underperformed the S&P 500 recently despite indicators of strong iPhone 17 demand, anticipating a need for a price target hike. JPMorgan and Morgan Stanley are optimistic about Apple’s performance, downplaying concerns about margin pressures due to higher memory costs.

JPMorgan and Morgan Stanley are bullish on Apple due to robust iPhone 17 demand, setting a $315 price target each. Apple designs, manufactures, and markets smartphones, computers, and wearables, with services like the App Store and Apple Pay. The investment banks expect the stock to trade sideways but note potential downside risk due to memory costs.

Investment banks like JPMorgan and Morgan Stanley maintain their bullish outlook on Apple stock, citing strong iPhone 17 demand. Apple’s position as a leader in technology and innovation continues to attract investors despite concerns about memory costs. The company’s diverse product and service offerings contribute to its overall growth potential.

Read more at Yahoo Finance: Morgan Stanley and JPMorgan Bullish on Apple Inc. (AAPL) on Strong iPhone 17 Demand