Apple Price Target Lifted to $400 on AI Growth Potential
AAPL•Wedbush raised its 12-month price target on Apple to $400, citing strong AI-driven growth potential. The upgrade prompted a noticeable uptick in Apple’s share price as investors priced in enhanced AI capabilities.
1. Wedbush Raises Target on AI Optimism
Wedbush increased its 12-month price target to $400, highlighting Apple’s expanding AI chip development and machine-learning enhancements in its devices and services. The upgrade drove a positive market reaction, with Apple shares trading higher as investors adjusted expectations for AI-related revenue growth.
