Citi analyst Atif Malik continues to recommend a positive Apple (AAPL) versus negative Skyworks (SWKS) “catalyst watch events” going into iPhone 15 launch. Recent U.S. supply chain discussions point to strong replacement cycle potential in the iPhone 12 installed base and excitement around 30% faster charging, the analyst tells investors in a research note. The firm maintains a Buy rating on Apple with a $240 price target.
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