01-05-2020 16:24 via feedproxy.google.com

J.P. Morgan adds Apple to top-pick list, ups price target

Today, J.P. Morgan adds Apple to its Focus List of top stock picks and lifted its target price target on Apple shares to $350 from $335.
Dan Weil for TheStreet:The investment firm affirmed an overweight rating on the Cupertino, Calif., company’s stock.
They wrote in a report that Apple’s stock should gain from investor positioning for the ramp-up of 5G service, increasing confidence in Apple’s services, and “cycling past the overhang” from the uncertainty over earni
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