Saying that other analysts have a “negative groupthink mentality” about Apple’s iPhone earnings, Wedbush believes the reality is very different.Apple ParkIn September 2023, Wedbush raised its price target for Apple to $240, based on the iPhone 15’s “impressive event,” plus its own supply chain checks. In a note to investors seen by AppleInsider, the investment firm is maintaining that price, and while it says Apple has weaknesses, none of them “move the needle on the stock in our opinion.” Read more…
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