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Apple stock may surge post-WWDC on AI upgrades, says Morgan Stanley, but execution risks remain.

Market News
04 Jun 2026
Namrata Sen
View Source
Bullish
pluang ai news

Morgan Stanley predicts Apple's stock could rise significantly after the Worldwide Developers Conference (WWDC) if the company unveils major AI improvements, especially for Siri and Apple Intelligence. The bank highlights Apple's privacy focus and partnerships with external AI providers as competitive advantages, potentially driving the stock price to $440. However, UBS remains cautious, expecting only incremental AI features without a major stock boost. Analysts also foresee a catalyst cycle extending into Apple's fall hardware launches, with AI integration as a key growth driver.

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