Bank of America ups Apple target to $470, downgrades stock to ‘neutral’

MacDailyNews
Aug 5, 2020, 9:21 am400 pts
Bank of America Securities analyst Wamsi Mohan has raised his Apple price target to $470 from $420, but downgraded Apple’s stock from “buy” to “neutral,” citing a new balance to risk and reward as the stock has hit new highs following Apple’s Street-destroying earnings report. Mike Wuerthele for AppleInsider:…

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