Analysts at Wedbush say they’ve raised Apple’s price target from $230 to $240 because of both the strength of the iPhone 15 launch event, and new supply chain checks.
iPhone 15 Pro Max
“Apple’s iPhone 15 launch event was overall an impressive event,” the firm says in a note to investors seen by AppleInsider, “which in our opinion lays the groundwork for a major upgrade cycle over the next year that will surprise the Street to the upside.”