Woodline Partners LP, managed by Michael Rockefeller, increased its stake in Apple Inc. (AAPL) by 472,035 shares. Despite recent choppy trading, analysts maintain a “Moderate Buy” stance with targets around $300-$305, citing strong demand for the iPhone 17 and AI-driven growth. TipRanks’ AI Analyst, Spark, rates AAPL as an “Outperform” due to strong financial performance and a constructive earnings outlook, though it notes offsetting factors like mixed technical momentum and premium valuation.
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Woodline Partners LP Boosts Apple Inc Stake by 472,035 Shares
Woodline Partners LP, managed by Michael Rockefeller, increased its stake in Apple Inc. (AAPL) by 472,035 shares. Despite recent choppy trading, analysts maintain a “Moderate Buy” stance with targets around $300-$305, citing strong demand for the iPhone 17 and AI-driven growth. TipRanks’ AI Analyst, Spark, rates AAPL as an “Outperform” due to strong financial performance and a constructive earnings outlook, though it notes offsetting factors like mixed technical momentum and premium valuation.