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Apple bulls raise price targets after buyback announcement

Josh Lipton and Julie Hyman

Wall Street analysts are raising their price targets on Apple (APPL) shares after the tech giant exceeded earnings expectations and announced the authorization of a $110 billion share buyback program.

Analysts, however, are mixed over Apple's generative artificial intelligence initiatives, as the company has not clearly communicated the specifics of its AI strategy.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Melanie Riehl