Bank of America boosts Apple stock target on Google antitrust win

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Just a few days ago, Bank of America reiterated its cautiously optimistic outlook on Apple’s stock market performance, with a $250 price target. Following yesterday’s ruling on the Google antitrust case, it has raised its projection.

$260 is the new $250

In last week’s investor note, Bank of America Research analyst Wamsi Mohani said that while he didn’t predict a stellar iPhone 17 performance out of the gate, he still backed Apple’s stock with a “Buy” rating and a…



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Bank of America boosts Apple stock target on Google antitrust win


Just a few days ago, Bank of America reiterated its cautiously optimistic outlook on Apple’s stock market performance, with a $250 price target. Following yesterday’s ruling on the Google antitrust case, it has raised its projection.

$260 is the new $250

In last week’s investor note, Bank of America Research analyst Wamsi Mohani said that while he didn’t predict a stellar iPhone 17 performance out of the gate, he still backed Apple’s stock with a “Buy” rating and a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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