J.P. Morgan said hedge fund investors' confidence in Apple is improving because the valuation premium on Apple shares has eased. J.P. Morgan analysts also pointed out that investors are increasingly interested in the AI-based iPhone upgrade cycle. Analyst Samek Chatterjee said, “Although the fundamentals of hardware demand and service growth prospects have deteriorated, interest in Apple stock has improved from a wider range of investors. The AI upgrade cycle will be temporarily accelerated by 2-3 years.” J.P. Morgan downgraded Apple's price target from $215 to an overrated rating of $210. As of yesterday's close, Apple's cumulative decline in the forward price-earnings ratio of 13% this year was 24 times lower than the Nasdaq 100 Index and 25 times lower.
摩根大通表示对冲基金投资者对苹果的信心正在改善因为苹果股票的估值溢价有所缓和。摩根大通分析师还指出投资者对人工智能主导的iPhone升级周期的兴趣越来越大。分析师萨米克•查特吉表示：“虽然硬件需求和服务增长前景的基本面恶化但更广泛的投资者对苹果股票的兴趣有所改善。人工智能升级周期将暂时加快2-3年。”摩根大通将苹果目标价从215美元降至210美元评级超配。截至昨日收盘苹果公司今年累计下跌13%远期市盈率为24倍低于纳斯达克100指数的25倍。
J.P. Morgan said hedge fund investors' confidence in Apple is improving because the valuation premium on Apple shares has eased. J.P. Morgan analysts also pointed out that investors are increasingly interested in the AI-based iPhone upgrade cycle. Analyst
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