Bank of America unveils shocking Apple stock target before earnings
7 Articles
7 Articles
Apple Bull Trims Price Target - Here's What Changed - Wall Street Pit
Apple’s (AAPL) stock rose 0.6% to $206.28 on Thursday, underperforming the Nasdaq’s (^IXIC) 300-point rally, as Bank of America (BAC) cut its price target by $10 to $240, citing tariff costs and delayed AI features. Despite a 'Buy' rating, BofA lowered long-term sales forecasts for Apple due to complex supply…
Why BofA trimmed its Apple target $10 to $240 | Philip Elmer‑DeWitt
"We slightly increase our revenue estimates for the March and June quarters, while we lower our revenue estimates further out to adjust for higher costs of navigating a more complex supply chain and for delays in launching an AI enabled Siri." — Analyst Wamsi Mohan
AI: What Apple should do to Stop the Rot - Steve Sammartino
… and it would be Amazing! (Listen to Steve read this post below) Let’s not sugarcoat this — Apple is so far behind in the generative AI race it’s not even funny. I’d almost say they’re Kodak-ing themselves. Remember Kodak? They had the tech for digital cameras and just… ignored it. Apple’s walking a similar tightrope with AI, and the rope’s getting thinner by the day.Subscribed Yes, they announced big things in 2024 with “Apple Intelligence” — …
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