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Apple: Great News, iPhone 7 Stocked Out, Say Piper, Pac Crest

The Street again today takes the pulse of Apple’s (AAPL) iPhone 7, released on September 16th for generally availability through retail channels. Piper Jaffray’s Gene Munster reiterates an Overweight rating on Apple shares, and a $151 price target, writing that his “checks” with several retail outlets show inventory has risen, but is still constrained,with higher-capacity “iPhone 7 Plus” models the hardest to get ahold of: We checked 134 Apple Stores in the US for in-store iPhone 7 availability.
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