11 AI Stocks Shaking Up Wall Street Today

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6. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a technology company. On March 24, Jefferies analyst Edison Lee reiterated an “Underperform” rating and $202.33 price target on the stock. According to Lee, iPhone sales have been falling far faster than their Android-based rivals.

“That indicates the launch of iPhone 16e (shipment started on February 28) has not been able to support overall iPhone sales in China, even though 16e is covered by the government subsidy program.”

In contrast, Apple bull Wedbush analyst Dan Ives maintains a $325 price target and an Outperform rating on the stock. The analyst has estimated that Apple’s AI delays will remove around 10 million iPhone handset sales from its fiscal 2025 tally. That said, further delays in Apple Intelligence rollout may discourage users from buying the next round of upgrades.

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