Close

Apple's (AAPL) iPhone Refresh Looks 'More Stable Than Feared' - Pacific Crest

Go back to Apple's (AAPL) iPhone Refresh Looks 'More Stable Than Feared' - Pacific Crest

Apple's (AAPL) Buy Rating Reiterated at BofA/ML as iPhone Momentum Remains Strong

June 17, 2015 8:53 AM EDT

BofA/Merrill Lynch reiterated a Buy rating on Apple (NASDAQ: AAPL) with a price target of $145. Analyst Wamsi Mohan said checks showed that iPhone momentum in the supply chain remains strong, and he raised iPhone estimates to 50 million for CQ2 (from 46 million). 2015 iPhone unit... More