Bank of America downgrades Apple stock after earnings rally hits risk-reward case

Business Insider

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· *Apple's surging stock price doesn't present the strong risk-reward profile it once did, Bank of America analysts said Wednesday.*
· *The team led by Wamsi Mohan downgraded Apple to "neutral" in a note, saying the company's recent rally to record highs faces too many risks to recommend buying more shares.*
· *Apple's...

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