Apple Stock Could Surge 62% to $225, According to This Analyst

Apple Stock Could Surge 62% to $225, According to This Analyst

Shares of Apple (NASDAQ: AAPL) have already climbed 79% over the past year, but will surge to new all-time highs in 2021. Today, Ives raised his price target on Apple's stock to $175 from $160, but also laid out a bull case for why the stock could climb to as high as $225. Ives cited the potential for "eye-popping" iPhone sales, saying that checks of Apple's supply chain in Asia showed strong demand for the device.