Bank of America: Apple stock outlook is positive after Cook steps down
2026-08-23 20:05:53
According to CoinMeta, Bank of America maintains a buy rating on Apple’s stock and sets a target price of $380, expecting that after Cook steps down, Apple will enter a more ambitious phase of development. Analyst Wamsi Mohan pointed out that Apple may increase its efforts in research and development and acquisitions, pushing into new areas such as AI glasses and smart home devices. Apple’s market value has grown from $350 billion in 2011 to over $4.5 trillion, and its free cash flow over the past 12 months has also increased from $33 billion to nearly $137 billion.
Source:Watcher.Guru
This content is for market information only and does not constitute investment advice.
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