<ul><li>Despite underperforming this year, Apple stock is seen by BofA Securities analyst Wamsi Mohan as having significant long-term opportunities for investors.</li><li>Mohan rates Apple stock at Buy with a $235 price target, expecting a 17% increase from the previous closing price.</li><li>Apple's ecosystem and brand are considered key competitive advantages, supported by deep R&D investments with the potential to open new markets.</li><li>With over 2.3 billion Apple products in use globally, Mohan believes predictable upgrades and continued services revenue will provide a stable financial performance for the company.</li></ul>

BofA: Apple stock has ‘significant’ long-term opportunities

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