Bank of America has raised its price target on Apple (AAPL) to $320 from $270 while maintaining a Buy rating, driven by…
Tag: BofA
Aggressive, under-the-radar carrier marketing is powering new iPhone sales
A Bank of America research note highlights a key factor behind Apple’s stronger-than-anticipated iPhone sales this fall: aggressive…
BofA reiterates ‘Buy’ rating and $250 price target on Apple stock
Bank of America Research analyst Wamsi Mohan, in an August 25, 2025, research note, stated, “We expect the main feature to be the launch of…
BofA Securities reiterates buy rating on Apple stock, sees several potential benefits to mooted Perplexity acquisition
Apple is reportedly in discussions to acquire AI startup Perplexity. Bank of America Securities (BofA) suggests this move could boost…
BofA: Apple stock has ‘significant’ long-term opportunities
Apple stock has been the weakest performer among the Magnificent Seven tech stocks, significantly trailing the S&P 500, which gained…
Bank of America: Apple’s swoon is ‘enhanced buying opportunity’
Bank of America stated that the recent decline in Apple’s stock price presents an “enhanced buying opportunity,” noting that the stock’s…
BofA reiterates Apple as ‘Top Pick,’ expects AI to power significant multi-year iPhone upgrade cycle
In a note to clients Wednesday, Bank of America reiterated Apple as a top pick, maintaining a “Buy” rating and a price target of $230…
Bank of America ups Apple price target to $230
BofA raised its price target from $225 to $230, saying that the company could be about to see a multiyear iPhone upgrade supercycle…
BofA names Apple a top stock pick for 2024 ahead of key earnings
Bank of America (BofA) is bullish on Apple, naming it a top stock pick for 2024 ahead of Cupertino’s Q224 earnings report on May 2nd…
Investors have historically underestimated Apple’s gross margins – BofA
“Investors have historically underestimated Apple’s gross margins and it appears that it is happening again,” BofA Securities analyst…
BofA: Apple has the potential to trade in the $230s
BofA sees potential for Apple to trade to the $230s, representing potential upside of more than 30%, even after significantly outperforming…
Bank of America trims Apple price target to $185 over foreign exchange headwinds
Bank of America has trimmed its price target on Apple shares from $200 to $185, citing foreign exchange headwinds…
What Wall Street expects from Apple’s Q321 earnings on Tuesday
Apple is set to report its Q321 earnings after the closing bell on Tuesday, and analysts predict record quarterly revenue and continued…
Big Wall St. investors bought Apple, other tech stocks during GameStop retail frenzy
Deep-pocketed Wall St. investors pumped a record $4.2 billion into Apple and other big technology stocks last week, BofA’s flow data…
Analyst: Apple’s record-breaking rally is about ‘MOMO’ not ‘FOMO’
Apple shares hit a new all-time intraday high on Tuesday, continuing the rally leading into and following the stock’s 4-for-1 split…
BofA raises Apple target price to $410 on services growth
Bank of America analyst Wamsi Mohan raised his price target on Apple shares to $410 from $390 Wednesday, writing in a note to clients that…
Apple analysts more optimistic on 5G prospects and recovery
Apple analysts of late have grown more optimistic on the company’s prospects, pointing to the upcoming launch of a 5G version of the iPhone, as well as…
Apple is added to BofA’s best ideas list; COVID-19 seen as transitory issue
BofA Global Research analyst Wamsi Mohan reiterated his “Buy” rating with a $300 price target and added AAPL stock to the firm’s best ideas list …
BofA: Apple may delay 5G iPhone launch due to coronavirus
Bank of America (BofA), citing an expert on the company’s supply chain, says Apple may delaythe launch of their highly-anticipated 5G iPhone for…
Apple suppliers Qorvo and Skyworks upgraded by BofA on 5G growth
Qorvo Inc. and Skyworks Solutions Inc. were both upgraded by two notches at BofA, to buy from underperform, with the firm seeing massive growth…
Bank of America tests technology to pay with iPhones
Bank of America Corp is testing a technology that allows a customer to pay…