Apple Stock Gets $350 Street-High Target From Wedbush on New Mac Lineup
06 Mar 2026 · 13:08 UTC · CoinCentral RSS Feed · Original source
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Summary
Wedbush analyst Daniel Ives raised his Apple price target to $350, citing the new Mac lineup as a catalyst for growth. The new products include M5-powered MacBook models. The article highlights Apple's strong Q1 performance.
Why it matters
While Apple's new Mac products may drive interest and investment in tech stocks, the relevance to cryptocurrencies is minimal. The correlation between tech stock performance and crypto prices is weak, though positive sentiment in tech can occasionally spill over into broader market optimism. The predictions reflect a low probability of impact on both Bitcoin and altcoins, with expected volatility remaining low.
Expected impact
The article discusses a positive outlook for Apple's stock due to a new product lineup. However, this news is unlikely to have a direct impact on cryptocurrency markets, as it pertains mainly to the tech sector.