Apple is facing a ‘fork in the road year’ on AI, but has one clear advantage, analysts say

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• Wedbush Securities analysts led by Dan Ives reiterated their “outperform” rating and ambitious price target for Apple stock in part because its billions of iPhone and iOS users give the tech company a leg up in the AI race.

Wedbush Securities analysts, led by Dan Ives, shot back at Apple naysayers, saying fears of a major stock hit are “overdone” because of a clear advantage giving the tech company a leg up in the AI arms race.