Apple’s market capitalization is once again closing in on $3 trillion. If and when it hits the mark, which will require shares to reach $182.86, Apple will be in historic territory. And analysts are loving it.This month alone, Katy Huberty of Morgan Stanley, Samik Chatterjee of JPMorgan, and Amit Daryanani of Evercore ISI have raised their price targets on the stock to $200. And on Tuesday BofA Global Research’s Wamsi Mohan upgraded the stock from neutral to buy and raised his price target for
Apple Price Targets Rise With $3 Trillion Milestone in View
Apple Inc. analysts just keep getting more bullish, with Bank of America Corp. on Tuesday upgrading the iPhone maker to buy on the revenue opportunity from virtual reality products.The shares gained 0.8%, with BofA analyst Wamsi Mohhan also setting a $210 price target that matches JPMorgan Chase & Co. as the highest on the Street. Apple shares have rallied throughout 2021, with the stock up 33%. The stock needs to rise about 4% from Monday’s close in order to hit a historic $3 trillion market va
Tesla slid nearly 4% in morning trading,with its market value falling below $1 trillion again
TeslaChief Executive Officer Elon Musk was named Time magazine's 2021 "Person of the Year" on Monday.Musk is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company.However,Cathie Wood-led Ark Invest on Friday sold more shares in Tesla Inc, continuing to book profit in a stock that remains its largest bet.Ark Invest sold a total of 28,345 shares — estimated to be worth $28.83 million based on Friday’s closing — in the