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B of A Securities Lowers Apple Price Target to $370

Guavy AI Editorial Team
Instruments
AAPL
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B of A Securities analyst Wamsi Mohan maintained a Buy rating for Apple (AAPL) while lowering its price target to $370 from $380, representing a decrease of 2.63% in the target.

The adjustment reflects a cautious outlook on Apple amidst a dynamic technology landscape, despite maintaining a Buy rating that suggests potential growth.

According to GuruFocus Value, Apple is currently overvalued by 10.6%, with a Value of $285.03 compared to its current trading price of $315.34.

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