"With solid earnings, cooling inflation, the potential for interest rate cuts, and hopes for a truce between the U.S. and China, there's not much stopping upside potential. Helping, analysts are incredibly bullish. Apple (NASDAQ: AAPL): Analysts at Baird just reiterated an outperform rating on Apple ahead of earnings, raising its price target to $280 from $230 a share. The firm expects Apple to post solid earnings and guidance. It's also pleased with the latest iPhone 17."
"Analysts at KeyBanc Capital say Amazon should benefit from the AI boom. The analysts say Amazon's AWS is still growing strong. It also believes that the ramp of gigawatt data center clusters and customers like Anthropic are potential drivers of revenue acceleration into 2026. The analysts have an overweight rating on AMZN with a $300 price target. Wall Street has an average price target of $269.03."
Solid earnings, cooling inflation, potential interest-rate cuts, and hopes for a U.S.-China truce are underpinning equity upside. Analysts have increased ratings and price targets across key names. Baird raised Apple’s target to $280, citing strong expected earnings, guidance, and iPhone 17 momentum. UBS and KeyBanc reiterated bullish views on Amazon, highlighting AWS growth, gigawatt data center expansion, and customers like Anthropic as revenue drivers, with targets up to $300. Bank of America maintained a buy on Qualcomm after AI-processor announcements. Citi initiated a buy on Gold Fields with a $50 target, noting its position among listed gold miners.
Read at 24/7 Wall St.
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