Apple Inc. (AAPL) Wedbush Stays Bullish with $350 Target Update

Apple Inc. (AAPL)

Apple Inc. received a reiteration of its “Outperform” rating from Wedbush, with analyst Dan Ives maintaining his 12 month price target of $350.00 per share, underscoring continued confidence in the company’s long-term growth trajectory. Wedbush’s bullish stance reflects optimism around Apple’s expanding services ecosystem, resilient iPhone demand, and growing monetization opportunities across its installed base, which remains one of the largest and most engaged in the global technology sector.

The firm also continues to view Apple as a key beneficiary of the next phase of artificial intelligence adoption, particularly through on-device AI, software enhancements, and potential hardware refresh cycles that could drive incremental revenue and margin expansion. While near-term stock performance may be influenced by macroeconomic factors and consumer spending trends, Wedbush believes Apple’s brand strength, pricing power, and balance sheet flexibility position it well to outperform the broader market over the medium to long term.

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