Citigroup: As Apple Inc. expands its smart capabilities, the risk-return profile of Apple Inc. (AAPL.US) stock is "quite attractive."

Citi said on Tuesday that the recent selloff in Apple Inc. (AAPL.US) shares, and the expansion of Apple Inc. Intelligence to multiple new languages, make the risk and return investment in Apple Inc. "quite attractive". Citi analyst Atif Malik wrote in a report to clients, "We believe that Apple Inc. is likely to reshape market expectations for Siri software in the next earnings call before the Worldwide Developers Conference (WWDC) on June 9. After the delay in Siri features led to a selloff in the stock price, Apple Inc. is gradually approaching our pessimistic target price, making the risk and return investment quite attractive at this time." Malik maintains a "buy" rating on Apple Inc. stock with a target price of $275. On Monday, the California-based tech giant released the iOS 18.4 system, which expands Apple Inc. Intelligence to 8 new languages. With the launch of iOS 18.4, iPadOS 18.4, and macOS Sequoia 15.4 systems, these features are now available in French, German, Italian, (Brazilian) Portuguese, Spanish, Japanese, Korean, and Chinese environments. In addition, localized English versions have been provided for India and Singapore. Apple Inc. also brought Apple Inc. Intelligence to iPhone users in the EU region for the first time, and added this feature to Vision Pro as well.