Bernstein Restarts AAPL Coverage with $290 Price Target

Why Apple Stock Inched Higher on Tuesday @themotleyfool #stocks $AAPL

Key PointsAn analyst initiated coverage of the tech giant's equity.He flagged it as a company at the vanguard of the AI revolution.10 stocks we like better than Apple › After market hours Monday, a researcher initiated coverage of Apple (NASDAQ: AAPL) stock, and his positive take on the company helped send its shares higher the following day. Apple closed Tuesday 0.6% in positive territory in a trading session that saw the S&P 500 index decline …

Bernstein restarts AAPL coverage with $290 price target

Bernstein is restarting its coverage of Apple and has given its shares a price target of $290, as it sees a favorable future for Apple Intelligence and Apple's on-device AI processing efforts.An improved Siri could pay off for Apple, eventually - Image Credit: AppleIt's safe to say that Apple is behind the rest of the market when it comes to artificial intelligence and machine learning. However, the iPhone maker is working to catch up, and if on…

Bernstein re-initiates Apple coverage with a $290 target, stock pops | Philip Elmer‑DeWitt

From "Analyst Initiates Coverage on AAPL with 'Outperform' Rating and a $290 Price Target" posted Tuesday by TheFly.