Apple stock is poised to jump 20% as its iPhone 15 will drive a 'mini super cycle,' Wedbush says

• The new iPhone 15 will spark 20% upside for Apple stock, Wedbush Securities' Dan Ives wrote.
• He maintained an outperform rating and held a price target of $230. 
• Apple customers are likely to upgrade despite a $100 price hike, Ives said. 

The upcoming release of the iPhone 15 will push Apple's stock up 20% from current levels, according to Dan Ives.