Analyst: Apple shares could surge another 27%

Even after becoming the first U.S. company to reach a $2 trillion market value, Wedbush analyst Daniel Ives believes that Apple shares can gain even more in the next 12 months.
iPhone 12 renders (image via svetapple.sk)
Ives wrote in a Friday note, “We still believe the stock has a lot of gasoline left in the tank with an iPhone 12 ‘supercycle’ on the near term horizon.”
Carmen Reinicke for Business Insider:He has an “outperform” rating on the stock, a price t