Investment firm Wedbush says it is sticking to its $250 Apple price target and that issues such as declining sales in China will be short term because of pent-up demand for the iPhone 16 range. Tim Cook at a game tournament in Apple Taikoo Li, Chengdu Wedbush first raised its Apple price target to $250 in December 2023, just ahead of the peak holiday season. The company described Apple then as resilient, and in March 2024 said it was keeping its price target despite recognizing that... Read this story
