Apple Stock Target Raised to $320 by BofA
Bank of America has maintained! its "Buy" rating on Apple and raised its price target to $320, citing strong iPhone 17 sales and long-term AI potential.
- Strong sales of iPhone 17 Pro and Pro Max
- Raised iPhone unit estimates
- Expected year-over-year revenue growth in the high single digits
Heading into the company’s fiscal fourth-quarter earnings release on Thursday, Mohan sees strength in sales of the iPhone 17 Pro and Pro Max and raised his iPhone unit estimates.
The new target represents a 19.4% increase from the current price of $268.
Author's summary:
Apple's stock target raised to $320 by BofA ahead of Q4 earnings.
More News
- Future uncertain for North Bay mayor after integrity findings
- Black artists music wouldn't be the same without | News Channel 3-12
- The children are starving; God is screaming – Baptist News Global
- Brisbane priests share All Souls’ Day cultural significance - The Catholic Leader
- SCMP Best Bets: Happy Action can get the punters smiling at Sha Tin
- A Powerclown Halloween: on singing the Village People in Japanese, Scum Element, and Shakes the Clown
- Shinzo Abe Killer’s Trial Is Exposing the Christian Cult Entrenched in Japanese Politics