Bank of America has reaffirmed its buy rating for Apple stock, increasing the price target from $325 to $350. According to NS3.AI, this projection suggests a potential 30% increase from the current price of approximately $270, although there is a downside risk to $205 if market conditions worsen. The optimistic forecast is bolstered by Apple's robust revenue growth, capital returns, and its expansion into new markets, including advancements in AI and retail store performance.
