May 23, 10:25 PM

Wedbush Raises Apple Price Target to $275 on AI Impact, Eyes iPhone 16 Supercycle, Adds $30-$40 per Share

Wedbush has increased its price target on Apple from $250 to $275, citing the potential impact of AI technology on iPhone 16 sales leading to a supercycle in 2025. The firm believes that AI integration could add $30 to $40 per share to Apple stock. The upcoming WWDC event is seen as a crucial moment for Apple.

#Wedbush #Apple #iPhone 16 #WWDC

Written with ChatGPT (GPT-3).

Sources

Kaushik@BigBullCap
2 years ago
$AAPL PT Raised to $275 at Wedbush; 'iPhone Showing Stabilization With Big AI Moment Ahead'
AppleInsider@appleinsider
2 years ago
iPhone 16 demand driven by AI induces Wedbush to hike Apple stock target https://t.co/2DyjCrnKHe #Apple
AppleInsider@appleinsider
2 years ago
Investment firm Wedbush is bullish on Apple AI and its effect on iPhone 16 sales, suggesting it will drive a supercycle going into 2025. #Apple #iPhone By @hillitech https://t.co/98b5DBzsxI

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Wedbush Raises Apple Price Target to $275 on AI Impact, Eyes iPhone 16 Supercycle, Adds $30-$40 per Share

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