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Apple's stock fell by 3.21% to $264.18 on March 2, despite MoffettNathanson increasing its 12-month price target to $270 with a Neutral rating.
Wall Street analysts have set varied price targets ranging from $270 to $350, fueled by optimism surrounding AI integration and robust performance in the Chinese market. However, potential risks include regulatory scrutiny in Europe and the mature growth of Apple's hardware sector. Future gains may rely on a significant re-rating catalyst tied to AI advancements and upcoming product cycles.
#AI