A stronger-than-expected iPhone 17 launch and resilient services growth have Wedbush betting Apple’s stock still has room to climb.
iPhone 17 Pro models are doing well in sales
Wedbush increased its 12-month price target for Apple to $320, up from $310. The change comes after Apple’s record earnings in the September quarter and positive guidance for December.
Analyst Daniel Ives observed in a note to investors seen by AppleInsider that the iPhone 17 cycle is performing well in both the U.S. and China. Data suggests that the holiday season might be strong.
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