(News Bulletin 247) – Wedbush maintains its Outperformance position and its target price of $205 on Apple shares.

Kicking off Apple’s annual WWDC conference in Cupertino tomorrow is the focus of the analysis. ‘All eyes will be on Tim Cook’s keynote’, believes the broker for whom Apple should ‘finally unveil its mixed reality headset as well as a new operating system called xrOS’.

Wedbush thinks Tim Cook will finally elaborate on his AI brief and that overall the conference will be ‘music to the ears of consumers, investors and developers’.

Copyright (c) 2023 News Bulletin 247. All rights reserved.