Analyst Daniel Ives increases his price target on Apple shares to $350.
Already one of Apple 's ( NASDAQ:AAPL ) most bullish Street analysts, Wedbush analyst Daniel Ives put out a research note to investors this week suggesting that Apple's market cap could soon be nearly $1.6 trillion. Ives reiterated his overweight rating, equivalent to a buy, on Apple shares while increasing his price target from $325 to $350.
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