Apple shares hit a 1-year high amid spiking optimism around iPhone 11 demand

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Apple shares hit a 1-year high amid spiking optimism around iPhone 11 demand
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A slew of Wall Street analysts have either issued price upgrades or reiterated bullish targets on Apple in recent weeks.

Apple's stock price climbed as much as 1.5% to a one-year high on Thursday amid spiking optimism around iPhone 11 demand. Several Wall Street analysts have increased their price targets on Apple in recent weeks, citing higher-than-expected orders for the company's new slate of phones. Shares of Apple gained more than 2% last week on a report that the company asked iPhone 11 suppliers to increase production by as much as 10%, or 8 million units. Watch Apple trade live on Markets Insider.

Apple's stock price climbed as much as 1.5% to a one-year high on Thursday amid spiking optimism around iPhone 11 demand. Several Wall Street analysts have increased their price targets on Apple in recent weeks, citing higher-than-expected orders for the company's new slate of phones. Shares of Apple gained more than 2% last week on a report that the company asked iPhone 11 suppliers to increase production by as much as 10%, or 8 million units. Watch Apple trade live on Markets Insider.

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