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Benzinga
Benzinga
Business
Adam Eckert

Why These 2 Apple Analysts Are Moving In Opposite Directions Thursday

Apple Inc (NASDAQ:AAPL) stock was re-rated by two analyst firms, making nearly mirror opposite adjustments to the Cupertino-based company.

What Happened: BofA Securities analyst Wamsi Mohan Downgraded Apple from Buy to Neutral on Thursday and lowered the price target from $185 to $160. On the flip side, Rosenblatt analyst Barton Crockett Upgraded Apple from Neutral to Buy and raised the price target from $160 to $189.

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