Australia markets open in 1 hour 41 minutes
  • ALL ORDS

    7,009.90
    -32.80 (-0.47%)
     
  • AUD/USD

    0.7825
    +0.0048 (+0.62%)
     
  • ASX 200

    6,762.30
    -27.30 (-0.40%)
     
  • OIL

    59.64
    -1.00 (-1.65%)
     
  • GOLD

    1,732.70
    +9.70 (+0.56%)
     
  • BTC-AUD

    61,131.70
    -1,427.00 (-2.28%)
     
  • CMC Crypto 200

    955.42
    -31.23 (-3.16%)
     

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

Danny Vena, The Motley Fool
·2-min read
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.