16-06-2020 23:00 via feedproxy.google.com

Why Apple shares can hit $400

Apple shares are once again flirting with a new all-time high, as Wall Street analysts continue to boost earnings expectations for the June quarter and beyond.
Eric J. Savitz for Barron’s:Citigroup analyst Jim Suva weighed in on Tuesday with a report offering five reasons Apple shares can trade higher, as he repeated his Buy rating and lifted his price target on the stock to $400 from $310.
Here’s Suva’s list of Apple catalysts:
• The 5G iPhone launch
• Potential
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