What analysts before the product launch on Wednesday about Apple shares

With Tim Cook, CEO from Apple (AAPL), which teases a new product launch on Wednesday, analysts speculated that a new iPhone model with a lower price could be on the shelves shortly.

Cook did not state at the beginning of this week, which is available in his announcement contribution on X, but analysts have previously speculated that a new iPhone -SE model could be unveiled in early 2025. According to Morgan Stanley, it expects the iPhone SE4 at 499 US dollars and is equipped with Apple Intelligence -which according to Cook drives the record -iPhone upgrades.

Morgan Stanley has retained his “overweight” rating and the price target of $ 275. Of the 16 analysts that cover Apple, which were followed by visible alpha, nine have a “buy” or an equivalent rating for the share compared to five “hold” Schnits and two “sales” rating. Their consensus goal is about 253 US dollars, which is about 4% of a bonus of around 4% compared to the end on Friday.

The product is launched after the chairman of Alibaba (Baba), Joe Tsai, said CNBC report. At the beginning of this week reports from The information And The Wall Street Journal Said Apple had presented ALIBABA AI functions for approval, a process that could take several months.

Apple’s shares rose by 1.3%to close $ 244.60 on Friday and have added about a third of their value in the past 12 months.