"I think a larger driver of the stock price this year is going to be what happens with Apple Intelligence."
Read More Why Bernstein's Mark Newman raised his Apple price target (video)
"The firm highlighted steady expansion across the App Store, subscriptions, and payments, supporting earnings resilience even as iPhone unit growth remains more cyclical."
Read More Bernstein hikes its Apple price target $15 to $340
Bernstein analyst Mark Newman believes there is a "massive opportunity" for patient investors in Apple.
Read More Bernstein re-initiates Apple coverage with a $290 target, stock pops
Toni Sacconaghi is retiring
1 year ago
1 year agoBernstein's long-time Apple analyst — one of the brightest of the bunch — is hanging up his hat.
Bernstein hikes Apple target $20 to $260
1 year ago
1 year ago"We view Apple as a quality compounder." — Analyst Toni Sacconaghi
"Apple is less expensive than it appears." — Analyst Toni Sacconaghi
iPhone set to pop in China
1 year ago
1 year ago"Investors should expect Apple to be upbeat about iPhone 16 and Apple Intelligence, but it may or may not necessarily reflect the ultimate success of the cycle." — Bernstein analyst Toni Sacconaghi
From "Expect Apple to benefit from its Apple Intelligence software, says Bernstein's Toni Sacconaghi" which aired Friday on CNBC.
Read More Apple's going to sell 25% more iPhones — eventually — says Toni Sacconaghi
Three years ago Bernstein's senior tech analyst advised clients to buy the stock at or below $110. Now, with a Buy rating and a $240 target, he's singing a different tune.
Read More Watch Toni Sacconaghi do a backflip on Apple (video)
From "Apple’s AI Potential and New Buy Rating with a $240 Price Target" posted Friday by Business Insider.
Read More Bernstein's Toni Sacconaghi catapults Apple price target $45 to $240
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