"Apple's Stock Soars with AI and Vision Pro Prospects"

BofA Securities upgraded Apple stock to buy from neutral, citing the potential of artificial intelligence and the upcoming Vision Pro headset as sales drivers. The analyst raised the price target to 225 from 208, predicting a stronger multiyear iPhone upgrade cycle and higher growth in services. The Vision Pro spatial computing headset is expected to provide a sales lift, with preorders beginning Friday and product availability starting Feb. 2. Risks around legal issues are deemed manageable, and sentiment in Apple stock is expected to turn more positive as attention shifts to the Vision Pro launch and AI-enabled iPhones.