JPMorgan has reaffirmed its overweight rating for Apple stock with a price target of 305 dollars. The decision follows data indicating that supply and demand for the iPhone 17 have reached parity. Lead times for the device have moderated suggesting a balanced market environment. Analysts view the stabilization of lead times as a positive indicator of sales performance and supply chain efficiency. Apple remains a key player in the AI sector attracting attention from investors focused on technology integration. The parity between supply and demand reduces the risk of inventory buildup or shortages. This stability supports the bank's confident stance on the company's financial trajectory.

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