B of A Securities Maintains Buy on Apple, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan maintains a Buy rating on Apple (AAPL) and raises the price target from $225 to $230.
May 03, 2024 | 4:42 pm
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on Apple and increases the price target to $230.
The upgrade in price target by a reputable analyst like Wamsi Mohan from B of A Securities is a strong positive signal for Apple's stock. It reflects confidence in Apple's future performance and growth prospects, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100