From Financial Modeling Prep: 2024-12-26 16:22:00

Wedbush analysts raised Apple’s price target to $325, citing a forthcoming AI-driven iPhone upgrade cycle that will redefine the tech giant’s growth trajectory. The foundation of Apple’s AI strategy, Apple Intelligence, is expected to generate a new multi-billion-dollar revenue stream within its Services segment. AI enhancements are predicted to boost iPhone upgrade cycles and drive revenue growth, potentially pushing Apple toward a $4 trillion market cap.



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