Chart of Day: Revisiting Apple (AAPL) – 7/3

Apple (SYM: AAPL) has more room to run,” we said on June 24.

Even Bernstein had just hiked their price target to $240 with an outperform rating. “We believe the principal reason for incremental investor enthusiasm for AAPL is that investors now believe Apple can be a leader in AI, not a laggard,” they said, as quoted by CNBC.


At the time, Apple traded at around $207.

Today, it’s up to $220.34 and could easily push even higher.  Better, analysts at Oppenheimer just raised their price target on the tech giant to $250. The move aims to reflect the positive sentiment toward AAPL following the company’s introduction of Apple Intelligence, its much-awaited AI platform,” says

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