Bank of America hikes AAPL target to $470, downgrades stock to neutral

By news@appleinsider.com (Mike Wuerthele) Bank of America Securities analyst Wamsi Mohan has downgraded Apple’s stock to a “neutral,” citing a new balance to risk and reward as the stock has hit new highs following a blockbuster earnings report.Apple’s iPhone 12 will drive Apple’s fiscal year 2021 revenue — Image Credit: iSpazioAfter hiking a target price for Apple stock to $420 after the …

Source:: Apple Insider