Apple Stock: Is Wall Street Bullish or Bearish?

Category: Finance

Apple Inc. (AAPL) has underperformed the broader market and the S&P 500 Technology Sector over the past year, primarily due to concerns over slow AI service rollouts and declining iPhone sales. Despite this, the stock saw a boost following a record share buyback announcement and positive earnings guidance. Analysts maintain a consensus rating of 'Moderate Buy' with optimistic projections for future sales driven by new AI initiatives.

Keywords: Apple, AAPL, stock performance

Source: www.tradingview.com

Update At: 8/2/2024

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