The catalyst
JP Morgan Maintains Overweight on Apple, Raises Price Target to $360
The thesis
JPMorgan analyst Samik Chatterjee maintained an Overweight rating on Apple and raised the price target from $340 to $360.
JPMorgan just pushed Apple's target to $360, so this fruit is slicing through the old ceiling.
Cleared the 75 line by 3.
JP Morgan Maintains Overweight on Apple, Raises Price Target to $360
JPMorgan analyst Samik Chatterjee maintained an Overweight rating on Apple and raised the price target from $340 to $360.