Wells Fargo analyst Aaron Rakers raised the firm’s price target on Apple (AAPL) to $310 from $300 and keeps an Overweight rating on the shares. The firm cites better-than-feared results and guide, notably with revenue and gross margin percentage guide 5% and 50bps above Street estimates. Wells expects focus to remain on Apple’s management of memory and storage inflation into the second half of 2026.
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