AAPL Weighs Thinner & Foldable iPhone, Software Price Target Hikes
Portfolio Pulse from
Apple is exploring the development of thinner and foldable iPhones, while Wolfe Research has increased price targets for software stocks including Salesforce, Palo Alto Networks, and ServiceNow.
December 16, 2024 | 3:30 pm
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POSITIVE IMPACT
Apple is considering the development of thinner and foldable iPhones, which could lead to increased consumer interest and potential sales growth.
The introduction of new and innovative products like thinner and foldable iPhones could enhance Apple's market position and drive sales, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Wolfe Research has increased the price target for Salesforce, indicating a positive outlook for the company's stock.
An increased price target from Wolfe Research suggests a positive outlook for Salesforce, which could lead to a short-term stock price increase.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Wolfe Research has increased the price target for ServiceNow, reflecting a positive outlook for the company's stock.
The increase in price target by Wolfe Research suggests a favorable view of ServiceNow's prospects, potentially leading to a short-term rise in its stock price.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Wolfe Research has increased the price target for Palo Alto Networks, suggesting a positive outlook for the company's stock.
The raised price target by Wolfe Research indicates a positive sentiment towards Palo Alto Networks, likely leading to a short-term stock price increase.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 60