Apple Inc (NASDAQ:AAPL, ETR:APC) remains a “top pick” for analysts at Bank of America who expect the introduction of AI phones, known as IntelliPhones, to spur a once-in-a-decade upgrade event.
“With an installed base of over 4 billion smartphones, we see the opportunity for the next upgrade cycle to be a once-in-a-decade type of event,” they wrote.
GSK PLC (LSE:GSK, NYSE:GSK)’s development pipeline has lots of underrated potential says Deutsche Bank, which recently hosted a meeting with most of the pharma’s top R&D executives.
Work needs to be done to rebuild the innovation proposition in the eyes of many investors, but Deutsche Bank sees clear emergent strands of underappreciated potential.
FTSE 100-listed used car broker Auto Trader Group PLC (LSE:AUTO) impressed with its full-year results, but with shares revving up to an all-time high, some analysts reckon the valuation tank is full for now.
Peel Hunt attributed Auto Trader’s robust revenue beat to strong growth in the core classifieds business, praising “a strong set of results despite ongoing macro uncertainties, which is a testament to the group's resilient model”.
Analysts at investment bank Jefferies are the latest to throw their weight behind hospitality group Mitchells & Butlers PLC (LSE:MAB) with an upgraded price target and firm buy rating.
City analysts across the board have reacted positively to the All Bar One and Harvester owner’s latest financial results, with Deutsche Bank, Peel Hunt and Shore Capital Markets all heaping praise on the Birmingham-headquartered group.