Apple analysts more optimistic on 5G prospects and recovery

Apple analysts of late have grown more optimistic on the company’s prospects, pointing to the upcoming launch of a 5G version of the iPhone, as well as continued growth in its services business.
Ryan Vlastelica for Bloomberg News:BofA on Thursday raised its price target to a Street-high view of $390, from $340, and reiterated its buy rating. Analyst Wamsi Mohan expects product revenue “will grow 20% next year from iPhone and wearables,” and touted the company’s “con