TD Cowen expressed optimism about Apple's potential in generative AI, reiterating a Buy rating with a $275 price target, while highlighting risks if Apple fails to execute its AI strategies. JPMorgan (NYSE: JPM ) kept its Overweight rating on Apple with a $240 price target, anticipating incremental AI announcements at the Worldwide Developers Conference (WWDC). Evercore ISI noted that Apple's WWDC might feature on-device AI capabilities and a centralized gaming app. Analysts from TD Cowen and JPMorgan emphasized the importance of Apple's AI advancements and developer integration. These developments reflect Apple's ongoing efforts to enhance its technological capabilities and expand its revenue streams. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.