Apple (AAPL) is unveiling its new streaming video service on Monday, and one analyst has high hopes. On Thursday, Wedbush analyst Dan Ives raised his price target for AAPL stock from $200 to $215. Ives also says he expects Apple’s streaming video service to reach 100 million subscribers within five years. What To Expect After years of speculation and anticipation, Apple is expected to reveal its Apple TV streaming service at a star-studded event in Cupertino, CA. Apple’s service is its response to the overwhelming success of the Netflix (NFLX) platform. Like Netflix, Apple is spending big money on original
The post Apple Stock Target Raised to $215 Ahead Of $4 Billion Netflix Competitor Launch appeared first on CCN
source https://www.ccn.com/apple-stock-raised-streaming-launch-netflix
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