
Analyst Wamsi Mohan from BofA Securities maintains a Buy rating on Apple Inc. with a price target of $265, following Apple's partnership with Alibaba to develop AI features for Chinese iPhone users. This collaboration aims to enhance Apple's competitiveness in China, where its market share has declined. The rollout of Apple Intelligence, currently limited to select regions, is expected to boost growth and stabilize revenues. As of the latest update, AAPL stock rose 0.83% to $234.56.$Apple(AAPL.US)
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