Despite Cutting Apple's Price Target, Wedbush's Dan Ives Remains Bullish on the Stock for the Long Term. Should You?
Investors may not know what to make of Apple (AAPL -1.81%) stock. Although it attained the world's largest market cap through inventing new, tech-related products, growth and innovation have slowed, and many analysts have soured on the stock.This is not the case with Wedbush's Dan Ives, who continues to hold to a long-term bullish call on Apple stock. Is he making the right call? Let's take a closer look.The case for AppleIves seems to base his case for Apple stock primarily on the success of the iPhone. He ...