TD Cowen Reiterates Buy Rating on Apple (AAPL)

TD Cowen analyst Krish Sankar reiterated a Buy rating and $250.00 price target on Apple (NASDAQ: AAPL).

The analyst commented, "AAPL's proprietary LLM called AFM help underpin Apple Intelligence, benchmark well against GPT3/4, and are strategically vital for fast inferencing on edge devices. iPhone spec upgrades in CY25 will be a material boost for Gen AI performance and a potential demand catalyst. We expect the OpenAI relationship to benefit AAPL LT and Private Cloud Compute could lead to new services revs."

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $222.38 yesterday.

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