Apple Stock Making Ground After Post-Event Woes

Core Viewpoint - Apple Inc's stock has shown a slight recovery after recent losses, but investor sentiment remains cautious due to concerns over AI integration compared to competitors like Microsoft [1]. Stock Performance - Shares of Apple Inc are currently trading at $227.75, up 0.4%, which helps mitigate losses from the previous two days [1]. - If the current momentum continues, the stock may end a four-day losing streak and reduce its year-to-date deficit of 8.7% [2]. - The stock is still below its record high of $260.10 from December 26, indicating a need for further recovery [2]. Analyst Reactions - Recent analyst reactions have been mixed, with at least four firms raising their price targets, while D.A. Davidson downgraded the stock from "buy" to "neutral" [3]. - Among the 28 firms covering the stock, 21 have rated it as "buy" or better, with a 12-month consensus target price of $242.22, representing a 5.8% premium to current levels [3]. Options Market Sentiment - The equity's 50-day and 10-day call/put ratios are in the 98th and 92nd percentiles, respectively, indicating a significantly bullish sentiment among options traders compared to the past year [4].