Back to News
Dec 8, 2025 4:00 PM

What's Up With The Pullback In Apple Stock Today?

Apple Inc (NASDAQ:AAPL) shares are trading marginally lower on Monday. Despite the dip, a notable analyst has raised the price target on the stock.

Apple stock is trading at elevated levels. What’s the outlook for AAPL shares?

What To Know: Wedbush's Dan Ives bumped his price target on Apple from $320 to $350 and kept an Outperform rating, leaning on growing confidence in Apple's AI strategy and steady iPhone sales strength.

Ives is calling 2026 the year Apple truly steps into the AI revolution. In a post on X, he stated “iPhone 17 sales have been trending well into year-end including in China as Apple continues to execute above Street.”

The upgraded price ...