Bank of America doubles down on its Apple stock bet

TheStreet · Hillary Remy · 2026-11-06 01:07 UTC

Bank of America reiterated its Buy rating on Apple with a $370 price target after a strong Q4. Here is the case BofA is making beyond the headline results.

Apple just delivered one of its stronger quarterly performances in recent memory, and Wall Street’s reaction has been split. Some analysts are watching the margin pressure and slowing Services growth and asking whether the best of this run is already behind the company.

Bank of America is not in that camp.

In a Nov. 3 note shared with TheStreet, analyst Wamsi Mohan reiterated a Buy rating on Apple (AAPL) and held his price target at $370. Based on the stock’s closing price of $338.32 at the time of the note, that target implies upside of roughly 9.4%.

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