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Apple Names John Ternus CEO as BofA Sets $380 Price Target

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • John Ternus succeeds Tim Cook as Apple CEO, bringing a meticulous product-focused design philosophy reminiscent of Steve Jobs.
  • BofA Securities maintains a Buy rating with a $380 price target, projecting sustained device dominance and strong AI growth ahead of upcoming product unveilings.
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