Apple CEO Tim Cook dinner arrives for Apples "The Morning Present" international premiere at Lincoln Middle- David Geffen Corridor on October 28, 2
Apple CEO Tim Cook dinner arrives for Apples “The Morning Present” international premiere at Lincoln Middle- David Geffen Corridor on October 28, 2019 in New York.
Angela Weiss | AFP | Getty Pictures
Financial institution of America sees Apple shares climbing even additional within the subsequent 12 months, as the approaching launch of a 5G-enabled iPhone is projected to start a brand new interval of sturdy gross sales for the tech big.
Shares of Apple are up 63% this 12 months as of Tuesday’s shut of $257.13.
Financial institution of America has a purchase ranking on Apple’s inventory with a $270 worth goal.