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DeepNewz, mobile.
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Investment firms Wedbush and Piper Sandler are optimistic about Apple's iPhone 16, expecting a significant upgrade cycle and growth in China. The AI-driven supercycle is anticipated to boost Apple's market value to $4T.
Apple $AAPL: Piper Sandler warns AI optimism is already priced into the stock https://t.co/rcCX3VYwIR https://t.co/EGw7pAj8mT
$AAPL: Piper Sandler Raises Target price to $225 from $190 "Since early April, Apple is up over 30% (compared to S&P500 up over 5%), on the back of 1) Apple Intelligence excitement 2) a potential bounce back in iPhone shipments in China. From our perspective, the excitement…
Investment firm Piper Sandler says the market is right to be excited by Apple Intelligence, and also that it sees a return to iPhone growth in the key market of China. By @WGallagher https://t.co/mYodl8Md6z
