[ad_1]
Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks Everyone Is Watching Closely. On July 28, Analyst Krish Sankar from TD Cowen maintained a “Buy” rating on the stock with a price target of $275.00. The rating affirmation comes ahead of Apple’s earnings later this week.
The firm particularly talked about Apple’s expected revenue performance and strategic positioning. Even though the tech giant is subject to numerous challenges, such as an incomplete AI strategy and tariff sensitivity, it is projected to report June quarter revenues in line with expectations.
A Wall Street trading floor, bustling with traders and stock screens displaying real-time equity data.
The firm also expects it to guide the September quarter upwards. This anticipated position by the firm is backed by the expected demand pull-ins ahead of tariff implementations, and also its stable performance in iPhone sales.
In other news, Bank of America reiterated Apple as “Buy” with a $235 price target. The firm said that all “eyes [are] on margins” ahead of Apple earnings later this week.
“As we head into F3Q25 (June qtr) earnings aftermarket on Thur July 31, we see client sentiment as fairly negative given uncertain impact from tariffs, U.S. DOJ investigation (Google TAC payments), App Store headwinds, and slow progress in AI.”
Apple is a technology company known for its consumer electronics, software, and services.
While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 AI Stocks Everyone Is Watching Closely and 10 AI Stocks in the Spotlight Today
Disclosure: None.
[ad_2]
Source link
