Bank of America Projects Apple's Expansion on the North American Map: Target of $350 per Action

North American financial institutions maintain an optimistic outlook on Apple. Bank of America has reaffirmed its buy recommendation for the tech giant, raising its price target from $325 to $350 per share. According to NS3.AI, this estimate reflects a potential upside of 30% based on the current level of approximately $270, although there is a lower risk band at $205 in case economic conditions deteriorate.

In the context of the North American market, this projection is based on multiple growth pillars that position Apple as a strategic player in the region. The company’s strong revenue performance, combined with its capital return programs, demonstrates robust financial management that attracts institutional investors across North America.

Strategic Expansion and AI Innovation

Bank of America analysts emphasize that Apple’s strength lies in its ability to penetrate new market segments, particularly driven by advances in artificial intelligence. The company’s technological innovation strategy, along with the solid performance of its retail channels, consolidates its competitive position in the U.S. and Canadian markets. These factors act as catalysts for the projected regional expansion.

Price Scenarios and Risk Analysis

The upward revision of the $25 price target suggests institutional confidence in Apple’s trajectory, although analysts acknowledge adverse scenarios. The downside risk level at $205 reflects potential market volatility, especially if faced with macroeconomic or competitive pressures. The range of the projection band (from $205 to $350) indicates that future performance will depend significantly on Apple’s ability to maintain its innovation momentum and capture new opportunities within the North American economic landscape.