Wedbush analysts, who kept an Outperform rating on Apple ( NASDAQ:AAPL ), boosted their price target on the stock to $325 from $300. Spearheaded by Daniel Ives, the analysts pointed to a potential multi-year artificial intelligence-driven iPhone upgrade cycle they feel the market is currently not pricing in at this point.

Wedbush maintained its Outperform rating on Apple (NASDAQ:AAPL) and raised its price target on the stock to $325 from $300, noting that "a golden era of growth for Cupertino is now on the horizon into 2025.

Apple is on the cusp of an artificial-intelligence-fueled “golden era of growth,” Wedbush analysts argued Thursday as they raised their price target on shares of the tech giant. The analysts increased their price target to $325,