In a research note released to clients on Tuesday, Merrill Lynch analyst Steven Milunovich said his firm found it intriguing that Sony President Kunitake Ando was on stage at Macworld with Apple CEO Steve Jobs, speculating on a potential partnership between the two tech companies. "Why did St...
Bank of America Merrill Lynch upgraded Apple stock from "Neutral" to "Buy" on Tuesday, with an analyst at the firm suggesting that any worries about channel or supply chain checks are already factored into share prices. Apple's situation is unchanged in China, and anytalk of i...
On Wednesday, analysts with Bank of America Merrill Lynch downgraded Apple stock to neutral and lowered a price target from $142 to $130, citing several short-term pressures on shares. Apple is still a solid company and should deliver on its product pipeline, but its stock...
Though Apple and many existing investors may not be happy with the fallout of the U.S.-China trade war, for others it may be a ripe stock opportunity, Merrill Lynch's Wamsi Mohan said on Tuesday. Apple shares closed at $185.72 on Monday, a two-month low, the analyst...