Bank of America Reaffirms Buy Rating for Apple (NASDAQ:AAPL)
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4 Articles
Apple (AAPL) Stock: How Carriers Are Covering iPhone 18 Price Hikes
TLDR Bank of America reiterated a Buy rating on Apple with a $370 price target Max trade-in credits for the iPhone 18 Pro Max rose to $1,200, up from $1,100 last year Carrier promotions largely offset Apple’s $100 price hikes on the iPhone 18 lineup Customers still face upfront costs of roughly...
BofA reiterates ‘Buy’ rating, $370 price target on Apple as carrier incentives cover iPhone price increases
iPhone 18 Pro and Pro Max are available in four elegant finishes: black, silver, glacier, and burgundy. Apple raised prices on its newest Pro iPhones, but U.S. wireless carriers are lifting trade-in incentives by about the same amount, which Bank of America says should keep consumer demand from slipping. BofA analyst Wamsi Mohan wrote that the top trade-in credit for the iPhone 18 Pro Max has moved to $1,200, from $1,100 on the prior Pro Max. Th…
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