Apple Inc (NASDAQ:AAPL) has maintained its ‘Outperform' rating, with its 12-month price target raised to $190 from $180 by Wedbush Securities analysts after iPhone sales recovered in early 2023 after a tough December.  “Our Asia iPhone supply chain checks this week have been incrementally more positive with a modest uptick in demand coming out of China for Apple with a clear demand rebound happening in this key region post December despite the uncertain macro backdrop,” the analysts wrote in a note to clients.
Apple maintains ‘Outperform' rating with higher price target from Wedbush analysts on improved demand story