::. 53 day ago.

BofA Downgrades Apple To Neutral, Cites Risks And Valuation Concerns 

BofA Downgrades Apple To Neutral, Cites Risks And Valuation Concerns  Tyler Durden Wed, 08/05/2020 - 12:00 Apple received a rare analyst downgrade on Wednesday morning from Bank of America, as the market capitalization of the equity approaches an all-time high $2 trillion.   BofA analyst Wamsi Mohan downgraded Apple's stock to "neutral" from "buy", citing rapid multiple expansion that has pushed valuations to rich levels. Besides the downgrade, the analyst increa
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