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Analysts at Bernstein, Melius, Evercore, and Rosenblatt have raised the price target for Apple ($AAPL) due to the belief that Apple can excel in AI, potentially leading to significant growth. Price targets have been increased to $240, $260, and $250 by different analysts.
$AAPL | Rosenblatt Upgrades Apple to Buy, Raises PT to $260 from $196, citing the company's privacy-focused Apple Intelligence platform as a key factor in gaining AI market share. A recent survey showed privacy as the top feature US consumers want in AI, with 17.8% positive…
$AAPL Apple upgraded to Buy from Neutral at Rosenblatt $260 PT
'So Why Not Buy Apple..?!' $AAPL has been a 6-bagger+/$200+ stock since my #Apple blog post 7+ yrs ago... https://t.co/FhgNHERfNX ...IRL, my $AAPL net entry price (ie avg buy price less dividends rec'd) is now sub-$20.75! https://t.co/H1wbrAMuMw