BofA Securities Reiterates Buy Rating on Apple with $380 Target Price
BofA Securities analyst Wamsi Mohan has reaffirmed Apple's (AAPL.US) buy rating, maintaining a target price of $380. This decision is based on Mohan's track record, which shows a success rate of 63.6% and an average return of 46.4% over the past year.
TipRanks data indicates that Mohan has been successful in his ratings, with a high star rating due to his impressive performance history. The analyst's preliminary ratings are used to establish virtual portfolios, which are then adjusted according to changes in the rating.