Wedbush Reiterates Outperform on Apple, Maintains $250 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has reiterated an Outperform rating on Apple (AAPL) and maintained a $250 price target.
May 13, 2024 | 12:23 pm
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Wedbush analyst Daniel Ives reaffirmed an Outperform rating on Apple, with a continued price target of $250, indicating a positive outlook on the company's stock.
Analyst ratings, especially from reputable firms like Wedbush, can significantly influence investor sentiment and stock prices in the short term. Maintaining a high price target suggests a strong belief in the company's future performance, potentially leading to increased investor confidence and upward pressure on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100