Price target from $300 to $325！Wall Street Hails "Golden Growth Era" for Apple！

Wedbush analyst Dan Ives has maintained his "Outperform" rating on

$Apple(AAPL.US) and raised the price target from $300 to $325, marking a new high on Wall Street. Ives predicts that this tech giant will enter a "golden growth era" by 2025. Following this news, Apple's stock hit a historic high during Thursday's trading.

Ives noted that Apple is entering a multi-year iPhone upgrade cycle driven by AI, which Wall Street has underestimated. While Apple's AI strategy is not built overnight, it will reshape the growth narrative in the coming years.

Meanwhile, BTIG analyst Jonathan Krinsky urged investors to remain cautious about Apple stock. He highlighted that Apple's stock has risen more than 2% for five consecutive weeks, which could lead to unfavorable returns in the next month.

On Thursday, Apple's stock reached an intraday high of $260 and closed at $259, up 0.3%, setting a new closing record.

Despite a tough start in 2024, Apple's Q4 iPhone sales exceeded expectations, boosting confidence in its AI strategy. The release of the new MacBook Pro series and upcoming AI features also pushed the stock higher. Over the past month, Apple's stock has risen more than 11%, outperforming Meta, Microsoft, and Nvidia.

However, macroeconomic uncertainties could still impact Apple. Tariffs imposed by Trump on China could increase iPhone costs, and lower-than-expected Fed rate cuts might dampen consumer confidence.