Top Wedbush Analyst Lifts Apple Stock Price Target, Calls AAPL the 'Consumer Hub of AI'
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Top Wedbush analyst Daniel Ives raised his price target on Apple (AAPL) to $400 from $350, maintaining an Outperform rating, indicating a 36% upside. The stock rose 2% to close at $293.32, boosting Apple's market value above $4.3 trillion. Ives sees a significant "AI opportunity" for Apple, describing it as a "sleeping tech giant" ready for a valuation inflection point. He ranks No. 587 among over 12,200 analysts with a 54% success rate and an average return of 14.10% per rating over a year.
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