Wedbush Maintains Outperform on Apple, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an Outperform rating on Apple Inc. (NASDAQ:AAPL) and increased the price target from $240 to $250.
December 11, 2023 | 4:12 pm
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POSITIVE IMPACT
Wedbush analyst Daniel Ives reaffirms an Outperform rating on Apple and raises the price target to $250, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Daniel Ives suggests a strong bullish sentiment towards Apple's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price as the market reacts to the positive outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100