Apple's price target bumped to $325 by Wedbush

Thu, Dec 26, 2024, 11:17 AM

Wedbush Securities is growing increasingly bullish on Apple (AAPL), with analyst Dan Ives raising the company's price target from $300 to $325. The upgrade comes as Apple approaches a $4 trillion market capitalization, and Ives cites the upcoming iPhone 16 cycle as the catalyst for what he calls a "new golden era" for the tech giant.

Catalysts anchors Brad Smith and Brian Sozzi break down the details.

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This post was written by Angel Smith