35 Trending AI Stocks on Latest Analyst Ratings and News

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4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 184 

Apple Inc. (NASDAQ:AAPL) is a consumer electronics firm. Piper Sandler recently maintained a Neutral rating on the shares with a price target of $225. In an investor note, the advisory said it surveyed about 13,500 teens as a part of the firm’s Taking Stock with Teens Fall 2024 survey, and based on the responses, it continued to believe the stock was fairly valued at current levels, as the data did not suggest a 2024 super cycle. However, Piper noted upgrade expectations were up from the 20% level in its Spring 2024 survey. In addition, only about 30% of teens were upgrading any of their Apple hardware in the next six months due to Apple Intelligence, which to the firm felt low given the enthusiasm. Piper acknowledged that the average iPhone among teens was about 3 generations behind the iPhone 16, meaning these older models could just be due for an upgrade.

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