Apple May Finally Catch Up In AI: Analyst Sees Big Upside From Perplexity Deal, Smarter Siri, Google Search Rivalry
1. BofA maintains Buy rating for AAPL with $235 price target. 2. Analyst cites strong capital returns and AI leadership as key factors. 3. Potential partnership with Perplexity AI could enhance Siri's capabilities. 4. Projected sales for fiscal 2025 are $407.69 billion and EPS of $7.13. 5. AAPL stock is currently up 0.65% at $202.82.