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Apple Could Hit $400, But AI Is Coming for Its Most Profitable Business

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Apple Could Hit $400, But AI Is Coming for Its Most Profitable Business

Apple Inc. (NASDAQ:AAPL) received a major vote of confidence from Rothschild Redburn today, with the firm upgrading the stock from Neutral to “Buy” and raising its price target to $400 from $260. The upgrade rests on two major catalysts for Apple: its entry into premium foldables and a strategic…