Analysts Bullish on Microsoft, Apple AI Prospects; Name Leaders in AI Investment Baskets
• Microsoft reiterated as a Buy at Melius Research as analysts believe it "may own the most valuable AI real estate" with its Copilot strategy
• Evercore remains optimistic on Apple's AI prospects due to advances showcased in new ReALM paper, seeing potential for new iPhone supercycle
• Jefferies names Microsoft its top AI winner pick, lifting its stock price target from $465 to $550 based on Azure and Copilots exposure
• Citi says now is the time to "buy into the next leg of the AI trade," unveiling two AI investment baskets for balanced and value exposures
• Macquarie says expected Apple-Baidu AI partnership will likely resemble Google-Samsung deal, starting small with on-device AI integration