AAPL Price Surge: Analyst Predictions Following the iPhone 16 Launch
Wednesday, 11 September 2024, 08:23
AAPL: A New Dawn for Apple Stock
After Apple (NASDAQ: AAPL) unveiled its iPhone 16, analysts reacted positively, adjusting their AAPL stock price targets. The optimism in the market reflects renewed interest in Apple's product lineup.
Analyst Upgrades and Outlook
- Wedbush Securities analyst Dan Ives has raised his AAPL stock price target from $285 to $300. He maintains a 'buy' recommendation.
- Ives views the iPhone 16 launch as a pivotal moment, predicting Apple could achieve a $4 trillion valuation by 2025.
Current AAPL Stock Trends
As of now, Apple stock price stands at $220.11, marking a minor decline. Factors influencing this include regulatory challenges and market conditions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.