🍎 Apple Stock Gets a Big Boost from Bank of America 🚀
Bank of America has kept a “Buy” rating on Apple stock and raised its price target from $325 to $350. 📈
Right now, Apple shares are trading around $270, so this new target suggests the stock could rise by about 30%. However, analysts also warned that if market conditions turn bad, the price could fall to around $205. ⚠️
The positive outlook comes from strong revenue growth, regular returns to investors, and Apple’s expansion into new areas. These include progress in AI technology 🤖 and better performance at Apple retail stores 🏬.
Overall, Bank of America remains confident in Apple’s long-term growth story. 💪🍏
PEPE
0.0₅346
-15.40%
C98
0.0309
+32.61%