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    BofA hikes Apple price target to $320 from $270

    Watch Apple's 'It's Glowtime' event here

    Bank of America has raised its price target on Apple (AAPL) to $320 from $270 while maintaining a Buy rating, driven by a new five-year outlook. In a research note to investors, the firm highlights potential for Apple’s earnings to double from 2024 to 2030, fueled by sustained growth in new products and services.

    Analysts rolled forward the stock’s valuation to fiscal 2027, expressing greater confidence in estimates following the extended analysis. This reflects optimism in Apple’s ability to capitalize on emerging opportunities, particularly in artificial intelligence, where BofA views the company as an “eventual winner.”

    The upgrade underscores Apple’s evolving ecosystem, blending hardware innovation with expanding services revenue. As AI integration accelerates across iPhones, Macs, and other devices, the firm anticipates stronger margins and market share gains. BofA recommends that investors monitor upcoming product cycles and service adoption trends, which could validate the bullish forecast.

    Apple shares have responded positively to such endorsements, hitting a new all-time high and surpassing the $4 trillion valuation mark ($4.021 trillion) in Wednesday morning trading. BofA’s call reinforces the narrative of Apple’s long-term resilience in a competitive landscape.

    Apple hit its 52-week low of $169.21 on April 8, 2025.

    “Sub-$170 AAPL seems like an absolute gift to us.” – MacDailyNews, April 8, 2025


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    Source link: https://macdailynews.com/2025/10/29/bofa-hikes-apple-price-target-to-320-from-270/

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    Free Apps to Download TODAY ONLY 10/29/2025

    Couch to 5K: Run Training App , Ginger and Lily Tigers , Snap Tap Relax: Anti Stress and more

    iPhone:

    Couch to 5K: Run Training App ( $7.99 → Free ) iHux LLC Couch to 5K: Run Training App is your personal coach to guide you from zero to 5K. Whether you’re a beginner or starting over, the app’s structured plan makes running achievable and motivating.

    Audio Extractor: VoxCut ( $24.99 → Free ) Zafar Ivaev Audio Extractor: VoxCut transforms your videos into high-quality audio files instantly. Convert any video to MP3, M4A, and other audio formats.

    Ginger and Lily Tigers ( $0.99 → Free ) Accretive Systems LLC Lighten up your iMessage conversations with this adorable sticker pack. Tap, hold, and drag the stickers on to the message bubble you want to put it onto or just tap and send in the text message field. They offer a little something for everyone with 22 original stickers to choose from.

    Snap Tap Relax: Anti Stress ( $59.99 → Free ) Michael Laurenzi Snap Tap Relax takes a completely different approach to stress management. The app reads your face to calm your mind. There are no sounds, no breathing, just results.

    Product Scanner: Ryla ( $39.99 → Free ) Anmol Rattan Product Scanner helps you discover exactly what you’re eating. Simply scan the ingredients on any food or drink packaging, and the app instantly analyzes them to give you a clear health score along with a breakdown of good and harmful ingredients.

    Source link: http://appadvice.com/apps-gone-free