Apple (AAPL)

by | Sep 8, 2021 | Daily Trade Alerts

Apple is breaking to new highs ahead of its iPhone event on September 14.

The company may even announce a new Apple Watch and AirPods models. Plus, according to Street Insider, Wedbush Dan Ives says, “In a nutshell on the iPhone front, we believe the robust consumer product cycle continues globally for Cook & Co. especially with today roughly 250 million of the current 975 million iPhones not upgrading their smartphones in over 3.5 years based on our analysis, speaking to massive pent up demand within Apple’s installed base.”

Helping, analysts at Morgan Stanley are bullish on Apple with an overweight rating, and a price target of $168 a share.

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