Wedbush Analyst Dan Ives Says Raising Apple Price Target To Reflect AI-Driven iPhone 16 Supercycle: ‘WWDC A Key Moment Ahead’
Wedbush analyst Dan Ives has revised the price target for Apple Inc from $250 to $275. The adjustment is to account for the anticipated iPhone 16 supercycle, driven by AI technology. This could potentially add $30 to $40 per share to the stock.