Reported about 22 hours ago
A BofA Securities analyst has reaffirmed a Buy rating on Apple Inc. (AAPL), maintaining a $270 price target, citing stable shipping times for the iPhone 17 Pro and Pro Max. The analyst highlights Apple's strong capital returns and potential in AI at the edge as key reasons for this bullish outlook. Current average shipping times for these models stand at 13 days for the Pro and 20 days for the Pro Max, with better availability through carrier websites compared to Apple's own.
Source: YAHOO