Piper Jaffray analyst Gene Muster has outlined his expectations for the iPhone 7 in a research note to clients. Munster gives AAPL a price target of $172 and selects the stock as his top large-cap pick, displacing Amazon.Apple’s stock is said to have three big catalysts over the next year. A strong holiday quarter driven by new Apple Watch, iPad Pro, and Apple TV products. A shift in upgrade policies by US carriers that will provide a 3% tailwind to units over the next few years, magnifying to 5-7% as other countries follow and anticipation for a more revolutionary iPhone 7.Munster thinks the iPhone 7 could change the shape, dimensions, and other physical aspects of the popular smartphone.Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

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