Interesting.
Apple Could Reach a $3 Trillion Market Valuation, Analysts Say
Citi, Wedbush analysts both see Apple’s market cap increasing. Apple Inc.’s stock could reach a market capitalization of $3 trillion,analysts say, citing the development of the Apple Car as well as high expectations for the next iPhone.Wedbush analyst Daniel Ives, whose price target for Apple is a Street-high $175, also sees a $3 trillion valuation on the horizon. In a note on Wednesday, he called recent declines in the stock a “golden buying opportunity,” expecting the upcoming iPhone 13 to be
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