Here’s How Wedbush Views Apple Ahead of Its March 8 Event

The Apple Inc. logo is seen in the lobby of New York City's flagship Apple store on Jan. 18, 2011. Mike Segar/Reuters

Wedbush analyst Dan Ives rated Apple Inc. as Outperform with a $200 price target (22.6 percent upside).

The iPhone maker is set to host a virtual product event tomorrow, where it will likely unveil a new iPhone SE with 5G capabilities and a new iPad Air and some Macs using its M-series of chips. The event will add to the tech giant’s “monster product cycle.”