Wedbush Reaffirms ‘Outperform’ Rating on Apple Inc. (AAPL) with $270 PT

Apple Inc. (NASDAQ:AAPL) is included in our list of the 14 Best Warren Buffett Stocks to Invest in.

Wedbush Reaffirms ‘Outperform’ Rating on Apple Inc. (AAPL) with $270 PT

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On August 7, 2025, Apple Inc. (NASDAQ:AAPL) announced an additional $100 billion investment, raising its total domestic commitment to $600 billion over the next four years. This move follows the company’s February pledge of $500 billion and 20,000 new jobs. With this announcement, Apple extends its commitment to support its American Manufacturing Program, expanding U.S. manufacturing and supply chain capacity amid continued tariff tensions.

Furthermore, Apple Inc. (NASDAQ:AAPL) announced the expansion of its partnership with Corning. With this partnership, the company intends to increase smartphone glass production at Corning’s Kentucky plant, increasing domestic component sourcing.

Following these critical developments, Wedbush reaffirmed its ‘Outperform’ rating on Apple Inc. (NASDAQ:AAPL) with a $270 price target.

Apple Inc. (NASDAQ:AAPL) manufactures smartphones, personal computers, tablets, wearables, and accessories. It also sells related software and services globally. It is included in our list of the best Warren Buffett stocks.

While we acknowledge the potential of AAPL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AAPL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.