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How confident are analysts towards AAPL price resurgence?

Micheal Ben


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Wall Street analysts are becoming pretty confident that the price of Apple's stock, AAPL will bounce back after it slumped earlier this year. Recently, analysts at Bank of America upgraded their position on the stock to a Buy, up from their previous position of Neutral. This shows that they are very confident in its resurgence. A look at AAPL's chart over the past one month will show you exactly why they think so. TF International Securities analyst Ming-Chi Kuo, known for following AAPL's progress pretty much has the same opinion.

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