BofA Reiterates Apple (AAPL) Buy Rating with $270 Target as Carrier Incentives Drive iPhone 17 Demand

Apple Inc. (NASDAQ:AAPL) is one of the Top AI Stocks in the Spotlight on Wall Street. On September 26,  BofA Securities analyst Wamsi Mohan reiterated a Buy rating on the stock with a $270.00 price target. According to the firm, carrier incentives such as those offered by T-Mobile and Verizon make iPhones more affordable for customers through bundled financing options and extended payment plans. Carriers are offering $100 more in subsidies compared to last year which offsets the iPhone 17 Pro’s higher ba ...