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Apple Stock Has Been Struggling. How the iPhone 17 Could Spark a Rebound.

1. Wedbush expects significant consumer upgrades with iPhone 17 launch. 2. Analyst Dan Ives raised Apple's price target to $310, suggesting a 26% rise. 3. Ives predicts AI monetization could add $75 to $100 per share. 4. Shipping times indicate strong demand and a potential upgrade cycle. 5. Apple's stock has been lagging, but a rebound is anticipated.

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FAQ

Why Bullish?

Dan Ives' price target increase reflects potential for significant growth amid high demand, similar to past iPhone launches, which consistently led to notable stock surges.

How important is it?

The article highlights both imminent product launches and AI potential, crucial factors driving investor interest and market behavior.

Why Short Term?

The upcoming iPhone sales and market reactions are immediate, with preorders driving a short-term rise as seen in prior product launches.

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