(CercleFinance.com) – Bank of America maintained its buy recommendation on Apple on Tuesday, with an unchanged price target of $200, the day after the group’s annual developer conference, WWDC.
If the event was an opportunity to present a new range of Macbooks, BofA says above all to retain the attention that the Californian firm continues to give to the semiconductor segment, with the launch of an M2 chip described as more efficient and less energy-intensive.
Regarding the arrival of new versions of operating systems for the iPhone (iOS 16), Mac (macOS Ventura), iPad (iPadOS 16) and connected watch (watchOS 9), the analyst believes that all these improvements are called to make Apple’s devices ‘even more functional’.
Seeing buoyant elements as well on the side of the equipment as of the services offered by the group, BofA says to maintain a buy recommendation on the title.
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