Wall Street analyst predicts Apple stock to reach $260 by 2025, citing growth potential
From Nasdaq: 2025-02-05 04:11:00
Apple (NASDAQ: AAPL) is predicted to see a double-digit increase in price by 2025, according to an analyst. Despite a strong fiscal first quarter, with product revenue up 1% and services revenue up 14%, concerns about China’s market remain. However, Apple’s potential in emerging markets and iPhone SE sales are promising.
Analyst Amit Daryanani maintained an outperform rating and $260 price target on Apple stock after the quarterly results. He sees potential in offsetting China’s weakened demand with growth in emerging markets and services. While challenges exist, Apple’s strong services revenue and growth potential make it a compelling investment opportunity.
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Read more at Nasdaq: 1 Wall Street Analyst Thinks Apple Stock Is Going to $260. Is It a Buy?
