Wall Street firm says Apple could surge another 18% — and even be the first company to hit $2 trillion market value next year
is poised to surge and may even hit a major market capitalization milestone in the next year, according to Wedbush. price target to $425 from $375, citing a demand snapback and the 5G cycle. That implies an 18% jump from where shares of the technology company closed Wednesday's session.
Wedbush maintained its outperform rating on Apple, and raised its bull case to $500 per share. Shares of Apple dipped slightly in early trading Thursday. This is important as China is a key region for Apple, and according to Wedbush estimates, will represent roughly 20% of iPhone upgrades in the coming year. From a late-night infomercial to a 1,040-unit empire worth $188 million: Here's how Jacob Blackett perfected his real-estate-investing strategy after losing $70,000 on his first deals
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