Wedbush ups Apple price target to $600

Wedbush analyst Dan Ives says Apple has a ‘once in a decade’ opportunity to capitalize on iPhone upgrades as 5G networks roll out around the world, ups his price target to $600, and argues a bull case of $700 per share for the world’s most valuable company.
Martin Baccardax for TheStreet:Ives says around 350 million of the 950 million iPhones in circulation could be upgraded over the next 12 to 18 months, with around 20% of those coming from China, arguably Apple’s most i