Wall Street's biggest Apple bull: China sales are 'fuel in the engine'
October 19, 2018 at 14:59 PM EDT
Dan Ives of Wedbush Securities initiated coverage of Apple with an outperform rating and a 12-month price target of $310, higher than any other analyst on Wall Street. Services are the "linchpin" to Apple's growth, Ives says. He also says the company is "ahead of the curve" with its China manufacturing strategy.