Apple’s (AAPL) Strong Fundamentals Already Priced In, Analysts Say

Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks Making Waves on Wall Street. On January 2, Raymond James analyst Srini Pajjuri resumed coverage on the stock with a Market Perform rating and no price target. The rating marks a step down from the Outperform rating that the stock held prior to coverage suspension. The firm remains neutral on the stock, noting Apple’s strong fundamentals already reflects in the stock price. “We are resuming coverage of Apple with a Market Perform rating. Despite strong fund ...