Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks Making Waves on Wall Street. On July 23, Monness, Crespi, Hardt & Co. reiterated the stock as “Buy” with a $245 price target.
Monness said that Apple remains well-positioned ahead of earnings on July 31.
“In our view, Apple is innovating with industry-leading products supported by a powerful digital grid and embarking on a gen AI journey with Apple Intelligence; however, regulatory headwinds persist, the implications of this trade war are unclear, geopolitical risks continue, and the macro treacherous.”
A busy sidewalk filled with people using Apple devices like iPhones, iPads and Apple Watches.
Apple is a technology company known for its consumer electronics, software, and services.
