BofA Maintains Buy Rating on Apple with $380 Price Target
BofA Securities analyst Wamsi Mohan has maintained his buy rating for Apple (AAPL.US) and stuck to his target price of $380. This decision is based on Mohan's past performance, with a success rate of 63.9% and a total average return of 47.3% over the past year.
The analyst's ratings are tracked by TipRanks, which provides analysis data from financial analysts and calculates their Average Returns and Success Rates. A successful rating is one where TipRanks' virtual portfolio earned a positive return from the stock.