Notable Upgrades: Apple (AAPL), Ciena (CIEN), Amazon.com (AMZN), Intel (INTC), Alphabet Inc. (GOOGL)

Analysts at BofA/Merrill (BAC) are out with a report this morning upgrading shares of Apple Inc. (AAPL) with a ‘Buy’ from ‘Neutral’ rating. The banking giant set its price target for the company at $130, noting worries regarding supply chain data points are now largely priced into the stock at theses levels following the pullback. […] View the full post at: Notable Upgrades: Apple (AAPL), Ciena (CIEN), Amazon.com (AMZN), Intel (INTC), Alphabet Inc. (GOOGL) Related posts: Apple’s (AAPL) Short Interest Nosedives Intel (INTC) Gets A Big European Fine Amazon’s (AMZN) Cloud: A SaaS Solution