Apple rises to highest in more than three months

Monday, 11. March 2019 17:46

Apple Inc. rose steadily on Monday, after an upgrade by the Bank of America, to reach $178.98 per share. The session high was also the strongest point since December 4.

The company led by chief executive Tim Cook was given a buy rating and the 12-month price target was lifted to $210 from $180 per share. Stocks rallied 3.38% to $178.76 at 12:28 pm ET. The value of the iPhone maker is still down by 20% from six months ago, compared to a decline of 4.8% in the Nasdaq 100 index.

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