Apple's stock price touched a new intraday high on Wednesday after analyst Jeff Kvaal of Wolfe Research upgraded his rating after nearly a year bearish warnings.
The tech giant's stock peaked at a new high of $154.98 in early trading before settling at $152.51 at the closing bell. Shares are currently up less than a point in after hours trading.Part of the bump is being credited to Kvaal's — conservative — rethinking of Apple's business future. The analyst in a note to investors upgraded AAPL to peer perform on the basis that iPhone demand is expected to continue unabated, reports MarketWatch.
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The tech giant's stock peaked at a new high of $154.98 in early trading before settling at $152.51 at the closing bell. Shares are currently up less than a point in after hours trading.Part of the bump is being credited to Kvaal's — conservative — rethinking of Apple's business future. The analyst in a note to investors upgraded AAPL to peer perform on the basis that iPhone demand is expected to continue unabated, reports MarketWatch.Read more...
from AppleInsider News https://ift.tt/38ASEg1
Apple stock hits intraday record after analyst upgrades bear rating
![Apple stock hits intraday record after analyst upgrades bear rating]()
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septembre 01, 2021
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