Apple Rated Outperform at Bernstein With $290 Price Target
Bernstein SocGen Group initiated coverage on Apple (NASDAQ:AAPL) with an Outperform rating and a price target of $290, citing the company’s positioning in artificial intelligence. The firm said Apple was poised to be a key beneficiary of the “Intelligence Revolution,” highlighting opportunities stemming from its integration of AI technology. Analysts noted that a recent Google remedies decision not only eliminated a major downside risk but also created a pathway for Apple to leverage Gemini AI, dismissing w ...