Apple: Wedbush upbeat before iPhone 14 launch

(CercleFinance.com) - Wedbush Securities maintained its "outperform" rating on Apple shares on Monday, maintaining a target price of 220 dollars.


In a morning report, the US broker considers that the launch of the new iPhone 14, which it expects next week, will be a "pivotal moment" for the group from Cupertino.

According to Wedbush, the iPhone 14 will integrate improved photo features, thanks to a 48 megapixel camera, while the "Pro" version should offer an innovative A16 chip to attract more buyers.

Both models should also have increased storage capacities.

The Apple stock closed down 1.4% yesterday.



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