Apple Inc. (NASDAQ:AAPL) is among the 8 Stocks Owned by President Donald Trump in his Stock Portfolio. On March 27, Wedbush analyst Daniel Ives reiterated an Outperform rating on the stock with a price target of $350.
The update follows the tech giant’s announcement during the week to host its annual Worldwide Developers Conference (WWDC) from June 8-12. The investment firm believes 2026 is shaping up as a year of product launches and noted how the iPhone-maker had been delivering new products and services that were capable of running artificial intelligence.
In a research note to clients, Wedbush said that it appears Apple Inc. (NASDAQ:AAPL) was in the final stages of building a foldable iPhone, which could be launched as early as September this year and provide further impetus to hardware revenue. The firm also highlighted that there were rumors about a potential touchscreen MacBook hitting the company’s stores soon.
In related news, BofA cut its price target on Apple Inc. (NASDAQ:AAPL) to $320 from $325 on March 23, maintaining a Buy rating, citing the likely staggered release of the foldable iPhone. The firm noted that the company was likely to introduce the foldable device later this year, but plans to release the base model, Air, and ‘e’ models in the first half of next year.
As of the close of business on March 30, the stock is a Moderate Buy based on 24 analysts’ recommendations and has an average share price upside potential of 23%.
Apple Inc. (NASDAQ:AAPL) is known for its consumer electronics, software, and other related products. Its premium product line, which includes the iPhone, iPad, Mac computers, and a range of accessories, has earned the company widespread acclaim and customer loyalty.
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