Analysts revise Apple stock price target after iPhone 16 reveal

After Apple (NASDAQ: AAPL) recently unveiled its new products, including the iPhone 16, Wall Street analysts’ ratings have been pouring in, with most of them retaining their original ratings and targets but some revising their Apple stock price targets for the next 12 months.As it happens, Apple has triggered a wave of optimism after debuting its recent product line, which it believes might kickstart a new major sales cycle after several years of lagging iPhone sales amid hardware upgrades nearing their pea ...