Melius Research hikes Apple price target to $385 ahead of WWDC

Wall Street’s resident Apple bulls are at it again, and this time they’re not mincing words. Melius Research just cranked their price target on Apple from $355 all the way up to a shiny new $385, declaring that the company “may be on the brink of some real AI sizzle.”
In a note issued ahead of next week’s Worldwide Developers Conference (June 8-12), the firm is betting big on Apple finally unleashing an upgraded Siri that doesn’t just answer questions like a