Why Apple Stock Dropped Today
Apple (NASDAQ: AAPL) stock fell 2.3% through 2:45 p.m. ET Monday afternoon -- but not for lack of trying.
In a note intended to boost the stock, Bank of America analyst Wamsi Mohan reiterated his "buy" rating and $380 price target. With Apple stock trading below $327, that should have sounded encouraging -- but investors sold it instead of buying.
Why?
Source Fool.com
Apple Inc. Stock
€269.00
-7.060%
Currently there is a rather positive sentiment for Apple Inc. with 80 Buy predictions and 6 Sell predictions.
With a target price of 282 € there is a slightly positive potential of 4.83% for Apple Inc. compared to the current price of 269.0 €.
