Wedbush analyst raises Apple price target to the highest on Wall Street

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Wall Street's biggest Apple bull is getting even more bullish on the stock.

Wedbush's Dan Ives raised his price target on the tech giant to $350 a share — 25% higher than where the stock currently trades — since 2020 will be the "year of the 5G supercycle."

Ives said Apple is putting the "finishing touches" on what has been a "historic" year for the company, which will serve as a "launching pad for 2020" for the next generation iPhone.

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