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Bank of America Securities Sticks to Its Buy Rating for Apple (AAPL)

Bank of America Securities Sticks to Its Buy Rating for Apple (AAPL)

Business Insider2 hours ago
Bank of America Securities analyst Wamsi Mohan maintained a Buy rating on Apple yesterday and set a price target of $250.00. The company's shares closed yesterday at $229.65.
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According to TipRanks, Mohan is a 5-star analyst with an average return of 13.2% and a 61.64% success rate. Mohan covers the Technology sector, focusing on stocks such as Apple, Seagate Tech, and International Business Machines.
In addition to Bank of America Securities, Apple also received a Buy from Goldman Sachs's Mike Ng in a report issued on August 8. However, on August 7, DZ BANK AG maintained a Hold rating on Apple (NASDAQ: AAPL).
The company has a one-year high of $260.10 and a one-year low of $169.21. Currently, Apple has an average volume of 56.07M.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AAPL in relation to earlier this year. Most recently, in May 2025, Chris Kondo, the CAO of AAPL sold 4,486.00 shares for a total of $933,940.34.
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