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Wedbush Analyst Bullish on Apple (AAPL) Amid Strong iPhone 17 Demand and AI Prospects

Wedbush Analyst Bullish on Apple (AAPL) Amid Strong iPhone 17 Demand and AI Prospects

Author:

Global Cryptocurrency

Published:

2025-10-31 14:53:02

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BTCCSquare news:

Daniel Ives of Wedbush declared Apple's Q4 results a "pound-the-table moment," raising his price target to $320 (17.9% upside) on robust iPhone 17 sales and Services growth. Shares ROSE 2% pre-market.

The upgrade reflects confidence in Apple's holiday quarter performance, particularly in China and the U.S., with AI partnerships like Google poised to drive the next growth phase. Ives, a top-tier TipRanks analyst (56% success rate), sees this as a turning point for skeptics.

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