Walter Bloomberg
2025.09.10 11:34

$Apple(AAPL.US) - BOFA RAISES APPLE PT TO $270, REITERATES BUY

BofA Securities lifted its Apple (AAPL) price target to $270 from $260, maintaining a Buy rating. Analyst Wamsi Mohan said Apple’s latest launch delivered expected updates to iPhone, Watch, and AirPods, with new health features, AI-powered tools like live translation, and hardware upgrades including A19 chips and neural accelerators.

Higher pricing on the iPhone 17 Pro (starting at $1,099 for 256GB) slightly boosts estimates. Shares fell after the event, but BofA noted they typically rebound within 30–60 days.

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