Teens’ Love of All Things Apple Sparks Piper Sandler Price-Target Upgrade

Teens’ love affair with all things Apple  (AAPL) – Get Report, specifically the company’s ubiquitous iPhone and its less pervasive smaller cousin, the Apple Watch, has prompted analysts at Piper Sandler to lift their one-year price target on the stock.

Apple’s price target was raised to $300 from $260 by Piper Sandler analyst Harsh Kumar, who cited a biannual survey his firm conducted of teenage consumers showing that the iPhone was the most popular smartphone among those polled, while the Apple Watch was the top smart watch.

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