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Apple (AAPL) Rebounds on Bernstein Outperform as On-Device AI Thesis Spurs Upside

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The Story

News Summary

  • Bernstein initiated coverage of Apple with an Outperform and $290 target, citing Apple’s unique positioning to benefit from on-device AI while noting execution risk and the potential to spur hardware demand from its large installed base.
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AAPL price history

332.27 +20.75% over the displayed period

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