Apple
stock is pushing up toward its former highs. Investors should be feeling confident about its capacity to go further on sustained iPhone demand and future services revenue, according to analysts at Wedbush.
Apple
(ticker: AAPL) is benefiting from strong demand in Asia for the iPhone 14, with no major production cuts, wrote Wedbush’s Dan Ives in a research note. He raised his target price on the stock to $205 from $190 and kept an Outperform rating.
Source: https://www.barrons.com/articles/apple-stock-iphone-demand-analysts-872bcba9?siteid=yhoof2&yptr=yahoo