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Investment firm Piper Sandler has raised Apple's target price to $225 from $190, citing excitement over Apple Intelligence and a potential rebound in iPhone shipments in China. The market is showing optimism towards Apple Intelligence, with concerns that this optimism is already factored into the stock price. Meanwhile, KeyBanc has increased price targets on chipmakers amidst the AI boom.
Check out this blog post discussing the growing skepticism of artificial intelligence hype on Wall Street. Stay informed about the latest market trends. Read more here: https://t.co/9xBSDnqI5D
Investors are getting worried that US technology megacaps are spending too much on artificial intelligence, according Goldman Sachs strategists https://t.co/r6TgJ5S6b5
Check out this insightful blog post discussing the growing skepticism of artificial intelligence hype on Wall Street. Gain valuable insights into the topic here: https://t.co/9xBSDnqI5D #AI #WallStreet #MarketWatch