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BofA Sees iPhone Pre-Order Numbers as Major Positive for (NASDAQ:AAPL)
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BofA Sees iPhone Pre-Order Numbers as Major Positive for (NASDAQ:AAPL)

Apple (NASDAQ:AAPL) shares continue to tick upwards today after impressing analysts with pre-order numbers for the new iPhone models.

Today, Bank of America’s Wamsi Mohan reiterated a Buy rating on the stock with a $185 price target. Mohan noted ship dates for the iPhone 14 Pro and Pro max are extended at this point versus 2021 which is a major positive for Apple.

Overall, the Street has a Strong Buy consensus rating on Apple with an average price target of $183.56. This indicates a 12.74% potential upside in the stock.

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