Apple (AAPL) Reiterated Sector Weight by KeyBanc on Mixed iPhone 17 Demand

Apple Inc. (NASDAQ:AAPL) is one of the Buzzing AI Stocks on Wall Street. On September 25, KeyBanc reiterated the stock as “Sector Weight” stating that its iPhone 17 survey checks show mixed demand.

“We think AAPL stock is getting slightly ahead of what we think of as modestly better-than-anticipated iPhone demand. We are early cycle; we think most data points are positive, but with the stock’s recent outperformance, we think it’s hard to say it’s justified by a material shift in expectations.

Apple is a technology company known for its consumer electronics, software, and services.

While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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