AAPL Stock (NSD:AAPL): Bank of America cuts the target to $154

STA Research
by: STA Research
AAPL Stock

AAPL stock (NASDAQ:AAPL) had its price target reduced at the investment arm  for Bank of America.   Analysts cut the target on the stock from $160.00 to $154.00 from a research note that was just released today. Bank of America currently has a Neutral rating on the stock.  The analyst’s target is forecasting a 10 percent upside for the stock.

Current AAPL Stock Forecast and Price:

Based  Apple 12 -month stock forecasts from 25 of the covering analysts, the average price target for Apple stock is $172.27 over prescribed period. AAPL current average rating from analysts sits as a Strong Buy, which is the highest rating. Stock Target Advisor’s own stock analysis of the company’s stock is Slightly Bullish.  The analysis comprises of  10 positive/bullish signals and 5 negative/bearish signals. The stock is currently trading at $139.34. Apple stock price has changed by -9.40% over the most recent week, -0.84% over this past month, and the stock has fallen over 8 percent for the last year.

AAPL stock is Slightly Bullish, with a fundamental a score of 6.7 out of 10.

 

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