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Banking giant updates Apple (APPL) stock price target

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Bank of America turned bullish on Apple, projecting the stock could rally past $300 over the coming year. The note signals a positive analyst view on Apple’s fundamentals and forward valuation, but no new operational data or earnings figures were provided.

Analysis

Bank of America turned bullish on Apple, projecting the stock could rally past $300 over the coming year. The note signals a positive analyst view on Apple’s fundamentals and forward valuation, but no new operational data or earnings figures were provided.

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Market Sentiment

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moderately positive

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