Apple Nears $3 Trillion. The Stock Won’t Stop There, J.P. Morgan Says.

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Updated Dec. 13, 2021 9:08 americium ET / Original Dec. 13, 2021 8:42 americium ET

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Apple banal was rising Monday aft J.P. Morgan raised its 2022 terms people to a Wall Street-high of $210, up from $180, arsenic the tech elephantine looks poised to go the archetypal institution to walk the $3 trillion benchmark.

The banal apt won’t halt there, fueled by increasing services gross and iPhone 13 upgrades, expert Samik Chatterjee wrote Monday. Apple (ticker: AAPL) is Chatterjee’s apical prime for 2022. While iPhone 13 income already person been strong, Chatterjee believes astir of the gross and net upside are inactive to come,...

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