Analysts Grow More Upbeat on Apple as iPhone 17 Lead Times Lengthen and Tigress Hikes Target to $305

Overview

• JP Morgan’s Samik Chatterjee reported average iPhone 17 lineup lead times rose by four days after Sept. 12 pre-orders, including a seven‑day extension for the base model and increases across Air, Pro, and Pro Max.
• Reuters said Apple asked at least two suppliers to lift output of the entry‑level iPhone 17 by 30% or more following strong pre‑orders.
• The Information reported Apple told assembler Luxshare Precision to raise daily production of the standard iPhone 17 by about 40%, citing people familiar with the matter.
• Early data suggest buyers are favoring the $799 iPhone 17 over higher‑priced Pro models, helped by screen and camera features that previously sat in the Pro tier.
• Tigress Financial’s Ivan Feinseth lifted Apple’s price target to $305 with a Buy rating, citing the launch event, ecosystem additions, services momentum, and Apple’s ‘Apple Intelligence,’ while the average target stood near $247.50 as of Sept. 23.