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JPMorgan Sees Hedge Funds Eyeing Apple as Valuation Moderates

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April 11, 2024, 12:36 p.m. | Subrat Patnaik

Bloomberg Technology bloomberg.com

Apple Inc. is drawing interest from hedge fund investors seeing potential for AI-linked upgrades to its iPhones and as a slump in its shares reduces the stock’s valuation premium, JPMorgan Chase & Co. analysts say.

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