Wedbush analysts raised their price target for Apple's stock Thursday, telling clients they expect the iPhone maker could be headed for a "golden era of growth" driven by demand for artificial intelligence.

Apple is on the cusp of an artificial-intelligence-fueled “golden era of growth,” Wedbush analysts argued Thursday as they raised their price target on shares of the tech giant. The analysts increased their price target to $325,

Apple shares edged lower in early Thursday trading but a longtime bull on the stock suggests its march to a $4 trillion valuation "is still being underestimated by" Wall Street. Apple (AAPL) shares have risen nearly 10% over the past month,

Wedbush raised its price target on Apple Inc (NASDAQ:AAPL) to $325 from $300 banking on transformative AI-driven iPhone upgrade cycle poised to fuel growth into 2025. The brokerage maintained its "outperform" rating,