Apple (AAPL) call put ratio 2 calls to 1 put, share price up seven days in a row and closes at record high

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Morgan Stanley Elevates Apple (AAPL) to Top Pick

July 15, 2024 4:28 AM EDT

Morgan Stanley analyst Erik Woodring reiterated an Overweight rating and $273.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "Apple Intelligence is a clear catalyst for a multi-year product upgrade cycle; Elevating Apple to Top Pick with new $273 PT (up from $216). As we noted in our June 10th post-WWDC report, we have high conviction that the launch, and limited backwards compatibility, of Apple Intelligence can... More

Apple stock target raised at BofA on iPhone 16 expectations

July 11, 2024 10:15 AM EDT

Bank of America raised its price target for Apple (NASDAQ: AAPL) to $256, up from $230 in a note to clients Thursday, driven by increased confidence in a multi-year iPhone upgrade cycle.

This upward revision is supported by the findings of a comprehensive global smartphone survey and an analysis of Apple's aging installed base, which BofA says suggests significant upside potential.

"We are raising our PO on Apple... More