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'Strongest product cycle' in years leads Wedbush to hike AAPL target to $160

Investment bank Wedbush believes that the iPhone 12 lineup is Apple’s strongest product cycle in years, and has raised its AAPL price target to $160 as a result.Credit: Andrew O’Hara, AppleInsiderIn a note to investors seen by AppleInsider, lead analyst Daniel Ives says that the bank is seeing “a clear tick up” for demand around both iPhone 12 Pro and iPhone 12 Pro Max, with the former model turning out to be the “star of the show.” Read more…
Source: Apple Insider News and Secrets on New Apple Products

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