#wedbush

[macdailynews]

Wedbush ups Apple target to $320

Wedbush analysts led by Daniel Ives raised their target price on Apple to $320 per share from $310 to reflect what they called “increased confidence” in the Apple growth story. The analysts also believe the iPhone 17 launch is “off to a great start” heading into the key holiday December quarter in the US and China and noted the company’s continued strong Services growth. After Thursday’s close,…

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[macdailynews]

Wedbush ups Apple price target to $325

Apple is on the cusp of an artificial-intelligence-fueled “golden era of growth,” Wedbush analysts wrote in a note to clients Thursday as they raised their price target on the company to $325. Mackenzie Tatananni for Barron’s: ‎ Analysts surveyed by FactSet have an average price target of $248.14 on Apple shares. “We believe Apple is heading into a multi-year AI-driven iPhone upgrade cycle that…

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[macdailynews]

Apple poised for AI-driven growth as iPhone 16 kicks off 'key' holiday season - Wedbush

iPhone 16 Pro and iPhone 16 Pro Max feature a 48MP Fusion camera, a 48MP Ultra Wide camera, and the 5x Telephoto camera, now available on both models. Wedbush analysts believe Apple’s upcoming holiday season will be a “key” period for the company, with the iPhone 16 marking the beginning of its AI-driven growth era. The strong performance of the iPhone 16 is expected to fuel a “renaissance of…

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[macdailynews]

Dan Ives foresees Apple 'supercycle' with new Apple Intelligence-optimized iPhones

When fully released, Apple Intelligence will combine the power of Apple-built generative models with personal context while taking an extraordinary step forward for privacy. Wedbush analyst Daniel Ives is optimistic about Apple’s future growth, anticipating a “supercycle” of upgrades beginning with the newly released iPhone 16. Ives believes that a significant number of users with older iPhone…

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[macdailynews]

Wedbush ups Apple target price to $285

Daniel Ives of Wedbush Securities this week reiterated an Outperform rating on Apple stock and increased his price target to $285 from $275. Fahad Saleem for Insider Monkey: ‎ “Apple Intelligence rollout has already begun with developers who will significantly enhance app capabilities as the company staggers the launch of its new AI feature along with its OpenAI partnership which Apple expects…

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[macdailynews]

Apple may initially ship more than 90 million iPhone 16 models, up double digits YoY - Wedbush

Anticipation for Apple’s upcoming iPhone 16 release is reaching a fever pitch, with investment firm Wedbush Securities predicting a record-breaking launch. Their analysis suggests initial shipments could eclipse a staggering 90 million units, signifying a potential double-digit increase over last year’s iPhone 15 launch. Chris Ciaccia for Seeking Alpha: ‎ “We now believe initial iPhone 16…

[macdailynews]

Wedbush maintains 'outperform' rating on Apple stock with a $250 price target

Wedbush Securities analyst Daniel Ives says that despite the facts that Apple clearly missed GenAI and is in catch-up mode, is having iPhone sales issues in China, has been hit with a U.S. DOJ antitrust lawsuit, and more negatives causing the company and its stock price to struggle for months, there are plenty of reasons to remain bullish on Apple in the near-term.  Ian Krietzberg
 for…

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[macdailynews]

Wedbush expects Apple to sell 600,000 Vision Pro units in 2024; reiterates $250 AAPL target price

The Apple Vision Pro spatial computer Wedbush has revised its estimates of how many of the Apple Vision Pro will be sold in 2024 upwards to 600,000 units while reiterating its $250 target price on Apple shares. William Gallagher for AppleInsider: ‎ In a note to investors seen by AppleInsider, Wedbush is maintaining [its] $250 price target, but revising upwards all its other figures regarding the…

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