UBS Reiterates Neutral on Apple (AAPL) as Interest in Apple Intelligence and Foldables Rises
Apple Inc. (NASDAQ:AAPL) is one of the Trending AI Stocks on Wall Street. On December 8, UBS analyst David Vogt reiterated a “Neutral” rating on the stock with a $280.00 price target. The rating affirmation follows firm research that has indicated rising interest in Apple Intelligence and foldables. However, the firm believes that these improving interest trends are not yet compelling enough. “Considering investor expectations for a long-awaited Siri overhaul, as well as a foldable iPhone next year, we ...