Investing
Add as a preferred source on GoogleThe $355 target is $5 below JPMorgan’s $360 objective, which the bank set Oct. 12.
Apple shares edged lower before the U.S. market opened Wednesday, when Monness, Crespi, Hardt set a $355 target, up from $335, and linked the revision to the company’s new products.
The new target is $5 below JPMorgan’s $360 objective. JPMorgan raised its target from $340 on Oct. 12, kept its Overweight rating and expressed greater confidence in iPhone growth for fiscal 2027 and 2028, as EconoTimes reported.
Cboe LiveVol put Microsoft’s implied move below 5%. Barchart data showed put-call ratios of 0.59 for Microsoft and 0.72 for Alphabet.
The regulator said a 26% charge on third-party payments, limited features and review delays restricted developers’ choices.
AIStockWire’s separate calculation rose from 0.12 on Oct. 16 to 0.22 on Oct. 27, while reported cloud growth ranged from 37% to 82%.
