Reported 3 days ago
Wall Street continues to show confidence in Apple Inc. (NASDAQ:AAPL) as Bank of America reaffirmed its Buy rating, highlighting the company's resilient earnings and the expected benefits from the rise of artificial intelligence and a refresh cycle in PC sales. Analysts have a consensus Buy rating with an average price target of $240, suggesting modest upside potential, while a higher target of $275 points to greater gains. Although some alternative AI stocks may present more attractive opportunities, Apple's fundamentals remain strong.
Source: YAHOO