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Bank of America Reaffirms Buy Rating on Apple Stock Following 12% YoY App Store Revenue Growth
ByAinvest
Thursday, Jul 3, 2025 9:45 am ET1min read
Bank of America has reaffirmed its Buy rating on Apple (AAPL) after strong App Store performance in Q3, with a 12% YoY increase in revenue. Analyst Wamsi Mohan keeps the price target at $235. The growth in non-gaming apps is seen as a positive sign for Apple's overall services business. TipRanks consensus rating is Moderate Buy with an average price target of $226.36, implying a 6.5% upside from current levels.
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