TD Cowen, Maxim Reiterate Bullish Outlook on Apple Inc. (AAPL) Following WWDC26

Apple Inc. (NASDAQ:AAPL) is among the 10 Stocks ChatGPT Predicts Could Make You Wealthy in 3 Years. On June 9, TD Cowen analyst Krish Sankar lifted the price target on the iPhone-maker to $350 from $335 and maintained a Buy rating.

The adjustment followed WWDC26. The firm described the event as a step in the right direction and built on the momentum from last year. However, TD Cowen believes the announcement fell short of expectations given the hype leading up to the event, according to a report on TipRanks.

TD Cowen, Maxim Reiterate Bullish Outlook on Apple Inc. (AAPL) Following WWDC26

On the same day, Maxim Group also raised its price target on Apple Inc. (NASDAQ:AAPL) to $350 from $310 and kept a Buy rating. In a research note to investors, the analyst said the WWDC26 showcased notable improvements in the company’s AI efforts.

Based on the recommendations of 29 analysts, AAPL is a Moderate Buy with an average share price upside potential of 12% as of the close on June 12.

During the conference, the company unveiled several new features and upgrades, including Siri AI, a new version of Siri with enhanced intelligence and knowledge.

Apple Inc. (NASDAQ:AAPL) is known for its consumer electronics, software, and other related products. Its premium line of products, which includes the iPhone, iPad, Mac computers, and a range of other accessories, has earned the company widespread acclaim and customer loyalty.

While we acknowledge the risk and potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAPL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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