Faster global financial news!
Bank of America reiterates Buy rating and maintains $380 price target for Apple, citing App Store AI app revenue growth
Bank of America analyst Wamsi Mohan reiterated his Buy rating on Apple and kept his $380 price target unchanged. The target represents approximately 23% upside from Apple's closing price of $309.38 on August 5. The analysis highlights the strong growth of AI applications on the App Store, with ChatGPT generating over $275 million in monthly App Store revenue in July 2026, and Apple collecting commissions from these growing revenues. Mohan expects Services revenue growth of approximately 10% year-over-year for fiscal fourth quarter 2026.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source：Yahoo财经 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
FXS Rebrands to FRAX: Frax Ecosystem's Core Token and Recent Developments
-
2
What is PSR Coin? Analyzing the Cryptocurrency and Financial Concept with the Same Name
-
3
What is ZUKI Coin? Zuki Moba Token Analysis and Trading Channels
-
4
IG Gold (IGG) Token Analysis: Project Status and Market Activity Review
-
5
US lithium recycler R3 Lithium eyes Vietnam battery business, in talks with auto, electronics firms and government
-
6
Goldman Sachs analysts say Turkish investors are primarily moving funds withdrawn during the redemption crisis into Lira deposits.
-
7
Two oil tankers were attacked in the Strait of Hormuz, after Iran claimed to have received intelligence that the US was planning new attacks.
-
8
Russia launched a massive attack on Ukraine, killing at least 3 people and cutting power to nearly 100,000 residents in the Chernihiv region.
-
9
Natural gas is up 5.96% today, currently trading at $3.005.
-
10
Jefferies: Meta AI agent Muse goes viral, AI PCB market size expected to reach $73 billion by 2030, ABF substrate to reach $30 billion.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
