Apple stock reiterated as top pick with price target of $230, C3.ai upgraded, positive.

From Investing.com: 2024-06-02 03:08:07

Apple (NASDAQ:) stock reiterated as Top Pick at BofA with a price target of $230, predicting a multi-year upgrade cycle for AI-enabled IntelliPhones. Needham downgrades UiPath (NYSE:) stock to Hold due to macro pressures and CEO changes. C3.ai (NYSE:) upgraded to Buy by Northland analysts on accelerating subscription growth. Mizuho raises price targets on chip stocks as AI moves to the edge, expecting increased demand. Loop Capital reiterates Buy rating on Dell (NYSE:) with a price target of $185, highlighting their position as a ‘legit GenAI participant’ with significant revenue opportunities.



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