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Apple (AAPL): A.I. Will Bring “Ample Monetization Opportunities”

iPhone demand is “turning the corner” into A.I. driven by the iPhone 16 “supercycle,” notes a Wedbush analyst note. Jeff Pierce discusses Apple as Wedbush raises its price target to $275 from $270. The Wedbush analyst highlights that A.I. in the ecosystem will bring “ample monetization opportunities” on services and iPhone hardware. Tune in to find out more about the stock market today.

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24 May 2024

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