Apple's Strong Momentum and Raised Price Targets

27 days ago

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"I had to talk about Apple 11 because this one at its highs today up about 11 percent, finishing the day with a gain of about six and one third, one percentage point, 6.3 percent. It's a top gainer in both the S&P 500 and the NASDAQ 100, I believe hitting an all-time high today. Analysts have been weighing in on this one in a big way, raising their price targets, creating new street highs one after another. I mean, on Friday, Piper Sandler raised its price target to 740 from 500. On Friday, also UBS raising its targets to a street-high view of 810 from 540. Stock closing at 712 and change. Today, Morgan Stanley raised the target on it to 750 from 480. A little catch-up there, maintaining its overweight rating. Basically what analysts are saying, they're talking about momentum in gaming, staggering profit margins, phenomenal growth. That stock has more than doubled this year."

The segment highlights robust momentum in Apple (assumed ticker AAPL), marked by significant gains and a series of raised price targets from top-tier analysts. The commentary emphasizes the company’s leadership in mobile app marketing and gaming, as well as its impressive year-to-date performance.

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