Analyst firm Daiwa reiterated Apple Inc. (AAPL) as “Outperform” with a price target of $230 per share. They see AI as key to future growth, expecting excitement from new Apple Intelligence features and a multi-year phone and PC upgrade cycle.

While Apple is a known tech giant, some AI stocks may offer greater upside potential with less risk. For those seeking undervalued AI stocks, consider the best short-term AI stock. No specific recommendations were made regarding Apple in this context.

Read more at Yahoo Finance: Daiwa Sticks With Apple (AAPL), Citing AI as Key to Multi-Year Growth