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Wedbush Reiterates Outperform on Apple Inc. (AAPL) Amid Anticipation of Foldable iPhone [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
March 27, Wedbush analyst Daniel Ives reiterated an Outperform rating on the stock with a price target of $350. Wedbush Reiterates Outperform on Apple Inc. (AAPL) Amid Anticipation of Foldable iPhone The update follows the tech giant's announcement during the week to host its annual Worldwide Developers Conference (WWDC) from June 8-12. The investment firm believes 2026 is shaping up as a year of product launches and noted how the iPhone-maker had been delivering new products and services that were capable of running artificial intelligence. In a research note to clients, Wedbush said that it appears Apple Inc. (NASDAQ:AAPL) was in the final stages of building a foldable iPhone, which could be launched as early as September this year and provide further impetus to hardware revenue. The firm also highlighted that there were rumors about a potential touchscreen MacBook hitting the company's stores soon. In related news, BofA cut its price target on Apple Inc. (NASDAQ:AAPL) to $3
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