Apple is poised to grow on strong demand for its iPhone 17, particularly if it can make bigger inroads in the Chinese market, according to Wedbush. Widely followed analyst Dan Ives, who has a buy rating on Apple, raised his price target to $310 from $270. That signals 26% upside from Friday's close. Ives' new target is also the highest on Wall Street, FactSet data shows. "The Street is clearly underestimating this iPhone cycle in our view and it's a Ryder Cup Bethpage moment for Cook and Cupertino after a few years of disappointing growth years," Ives said in a note. "The combination of a pent-up consumer upgrade cycle with our estimates of 315 million of 1.5 billion iPhones globally not upgrading their iPhones in the last 4 years, coupled with some design changes/enhancements have been th
Dan Ives raises Apple price target to highest on Wall Street

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