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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.

Morning Trade Live

24 May 2024

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