Apple Inc. (NASDAQ:AAPL) was initiated as “Outperform” by Bernstein with a $290 price target. The firm sees Apple as the gateway to the Intelligence Revolution and believes it will benefit from AI advancements. The recent Google remedies decision cleared the path for Apple to use Gemini’s AI technology. Apple is known for consumer electronics, software, and services. While AAPL has potential, other AI stocks may offer greater upside. No specific recommendations were made in the article.

Read more at Yahoo Finance: Apple Stock (AAPL) Backed by Bernstein as ‘Gateway to the Intelligence Revolution’