JPMorgan Raises Apple Price Target as Binance Contract Nears Upper Band

JPMorgan lifted its Apple share target to $360, while a Binance Futures contract tracking Apple equity traded near its reported upper Bollinger Band, putting separate analyst and trading measures in focus. JPMorgan raised its target from $340 on Oct. 12 and maintained an Overweight rating. Bank of America reiterated a Buy rating and a $370 price objective. Both targets apply to Apple shares, not the Binance contract. The contract was quoted at $343.45, up 0.20% over 24 hours, with a session range of $340.70 to $348.37.

Source: TokenPost