Apple to hit $3-trillion market cap in 2022, LA investment firm Wedbush expects
Apple needs to rise around 6% to cross $182.81 to become the first company to hit the $3 trillion market cap
By Arghyadeep Dutta
Published - Dec 08, 2021, 07:19 PM ET
Last Updated - Jul 08, 2024, 06:09 AM EDT
· Apple needs to rise around 6% to cross $182.81 to become the first company to hit the $3 trillion market cap
· Morgan
Stanley raised Apple’s price target from $164 to $200
Apple Inc could hit a $3 trillion market value in 2022, or bigger than the economy of the United Kingdom, according to Los Angeles-based investment firm Wedbush Securities.
Wedbush analyst Daniel Ives has an outperform rating and $175
price target on the company, with the bull-case price target at $225.