{
  "id": 2735524,
  "title": "5 big analyst AI moves: Apple upgraded on foldable iPhone push, new AI strategy",
  "url": "https://urgent.news/2026/08/23/5-big-analyst-ai-moves-apple-upgraded-on-foldable-iphone-push-new-ai",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-23T06:05:01.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/5-big-analyst-ai-moves-apple-upgraded-on-foldable-iphone-push-new-ai-strategy-4872396"
  },
  "original_language": "en",
  "account": "This week saw significant shifts in analyst ratings for artificial intelligence-related companies, primarily in the semiconductor sector. Apple experienced a notable upgrade from neutral to buy by Rothschild & Co Redburn, with a price target raised to $400 from $260. The firm's rationale for the upgrade rests on Apple's anticipated entry into the foldable smartphone market and a strategic shift in its AI approach. Despite initial disappointment with Apple Intelligence, which relies on a custom version of Google's Gemini at an annual cost of approximately $1 billion, analysts foresee potential improvements through the adoption of open-source AI models, possibly in collaboration with Nvidia. This strategy, dubbed \"Fast Follower 2.0,\" aims to reduce Apple's dependence on Google, although the two companies have a history of acrimonious relations.\n\nAdditionally, Nvidia was singled out as a preferred name by analysts at Wolfe Research due to robust capital expenditure revisions and supply chain data indicating continued growth. Analyst Chris Caso highlighted Nvidia's substantial financing deals with Nvidia and Broadcom, emphasizing the potential for significant upside as companies fund multi-gigawatt agreements. Marvell Technology also garnered attention, with analyst Peter Cohen viewing the newly announced Google deal as transformational, projecting $120 billion in incremental revenue potential through fiscal 2033. However, Cohen cautioned against expecting immediate multiple expansion, focusing instead on future guidance for 2027 and 2028.\n\nAnalysts at Bernstein upgraded Analog Devices to Outperform from Market Perform, raising its price target to $465 from $430. This move was driven by strong third-quarter results, including revenue and earnings per share that exceeded expectations, alongside positive outlooks for the automotive, industrial, consumer, and communications sectors. Bernstein cited strong performance across various business segments, including a notable improvement in the datacenter business, which is driving growth in the communications segment. The firm remains cautious, noting that valuation was a factor in its initial absence, but now sees a plausible EPS of $20 by 2028, with shares trading at around $20, a low 20s level.\n\nGoldman Sachs maintained its Buy rating on MongoDB, anticipating solid growth in Atlas revenue and the expansion of AI-native customers. The firm expects Atlas revenue to grow by 29% or more in the upcoming quarter, surpassing previous guidance of 26%, and anticipates continued double-digit growth in fiscal third-quarter results. MongoDB's current valuation, at about 9 times fiscal 2028 EV/S, remains below peers such as Snowflake and Datadog, appealing to investors despite heightened sensitivity to the pace of growth acceleration.",
  "summary": null,
  "key_points": [
    "Apple upgraded to buy by Rothschild & Co Redburn, price target raised to $400",
    "Nvidia highlighted as preferred name by Wolfe Research analysts",
    "Marvell Technology sees $120 billion incremental revenue potential through 2033"
  ],
  "editors_take": "Analysts' upgrades and positive outlooks signal a shift in favor of companies poised to benefit from AI advancements, with Apple, Nvidia, and Marvell Technology emerging as key beneficiaries of changing market dynamics.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}