Bank of America Adjusts Apple and Micron Price Targets After Earnings and Market Shifts

Bank of America lowered Apple's price target from $325 to $320 due to product launch delays and margin changes, while raising Micron's target from $400 to $500 following strong Q2 earnings and AI-driven demand. Apple's stock is down 7% year-to-date, reflecting market concerns, whereas Micron has surged 161% over six months despite a recent 5% dip. Investors should watch how Apple's upcoming product launches and potential regulatory challenges unfold, alongside Micron's ability to sustain growth amid supply limits and AI infrastructure needs.