Wedbush Reiterates Outperform on Apple, Maintains $240 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has reiterated an Outperform rating on Apple (NASDAQ:AAPL) and maintained a price target of $240.
November 03, 2023 | 2:41 pm
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Wedbush analyst maintains Outperform rating on Apple with a $240 price target.
The reiteration of an Outperform rating by a well-known analyst like Daniel Ives is a positive signal for Apple. The maintained price target of $240 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100