Jefferies said a price hike for Apple's (NASDAQ:AAPL) iPhone 17 is likely, but not enough of a positive to re-rate the stock.

Apple's iPhone 16 starts at $799, and the iPhone 16 Pro starts at $999. If the above report is accurate, the iPhone 17 could start at $849, the iPhone 17 Pro could start at $1,049, while the iPhone 17 ...