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Apple Stock Could Gain More Than 20%. 3 Reasons the iPhone Maker Can Soar.

1. AAPL shares down 1.9% after launching iPhone 17 range. 2. Analyst raises target price from $260 to $290, citing AI optimism. 3. iPhone Air's $999 price may cannibalize lower-priced models. 4. Google's antitrust ruling could bolster Apple's revenue from search payments. 5. Future AI upgrades for Siri expected, boosting long-term outlook.

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FAQ

Why Bullish?

The analyst's target price increase reflects confidence in future revenue despite recent stock decline.

How important is it?

Analyst insights point to catalysts for growth amid current stock concerns, indicating significant influence.

Why Long Term?

Analyst confidence in AI and search revenue will drive long-term gains, similar to historical trends with product upgrades.

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