UPDATE: Bank Of America Reiterates On Apple As Aggressive Buyback Should Lead To EPS Revisions
February 14, 2014 at 07:57 AM EST
In a report published Friday, Bank of America analyst Scott D. Craig reiterated a Neutral rating on Apple (NASDAQ: AAPL ), and raised the price target from $575.00 to $590.00. In the report, Bank of America noted, “We rate Apple Neutral on: (1) lack of a ‘lower-end' iPhone and price