Baird Raises Apple (AAPL) PT Ahead of Earnings; Analysts Cite Upgrade Tailwinds

Core Viewpoint - Apple Inc. is being closely monitored by analysts as a significant player in the AI stock market, with Baird reiterating an "Outperform" rating and raising the price target to $280 from $230 ahead of earnings [1][2] Group 1: Earnings Expectations - Analysts expect solid results and guidance for Apple's fiscal Q4, with early indicators from the iPhone 17 cycle showing supportive upgrade rates from AT&T and T-Mobile [2] - The focus is shifting towards the December-quarter outlook, with current estimates appearing conservative based on historical seasonal trends [2] Group 2: Market Position and Comparisons - While Apple is recognized for its potential as an investment, some analysts suggest that certain AI stocks may offer greater upside potential and lower downside risk [3]