Options Corner: AAPL Price Target Cut

BofA cut its Apple price target to $320 from $325, a $5 (≈1.5%) reduction, citing a short-term slump. Analyst Tom White outlined key technical levels to watch and where shares could rebound, signaling a cautious near-term outlook without materially changing the longer-term fundamental view.

Analysis

BofA cut its Apple price target to $320 from $325, a $5 (≈1.5%) reduction, citing a short-term slump. Analyst Tom White outlined key technical levels to watch and where shares could rebound, signaling a cautious near-term outlook without materially changing the longer-term fundamental view.