Apple: Wall Street Analysts Talk Apple Car, 5G Super Cycle

As another week came to an end, Wall Street continued to offer its insights on Apple stock. From the Apple Car to the iPhone to the buy-on-weakness opportunity, analysts published several interesting reports on the Cupertino company.

The Apple Maven reviews some of the most interesting expert takes below.

Still bullish on Apple stock

Overall, Wall Street continues to be bullish on Apple. Not much has changed since I last looked at the analyst rating and price target distribution: strong buy recommendation, target of around $148 per share. Because Apple stock has been spinning its wheels lately, the price gap to target has increased.

Check out the table below:

Apple consensus analyst rating.

Apple consensus analyst rating.

Hot takes of the week

One of the most attention-grabbing reports came from “the bull of bulls”, Wedbush’s Dan Ives. The analyst believes that Apple stock can nearly double in the foreseeable future, as it

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Epic Tale Of A Rare 1969 Dodge Super Bee Finally Back Home After 24 Years

In 1977, when Edgar Anderson was just eight years old, his father – also named Edgar – purchased a 1969 Dodge Super Bee that was located in Jamestown, New York, for just $750. Edgar lived in Chicago with his mother, and his father did not live close so he would visit him whenever he could. Eager to pay a visit to his dad, Edgar and his aunt Dana were scooped up in a B5 Blue 1970 Plymouth Satellite driven by Levi, his father’s best friend. One thing Edgar recalls from that ride to his father’s house is that the speedometer needle mainly sat at nearly 100 miles per hour for almost the trip’s entirety.

Once they arrived at his father’s home, the Super Bee was up in the air in the garage as his dad wrenched away under the car. Edgar fondly remembers his dad asking him to hand … Read More