Barclays Upgrades Apple To Overweight, Shares Gain

Analysts at Barclays upgraded Apple

from Equal Weight to Overweight. The target price for Apple has been raised from $95 to $110. Apple shares have surged 55.94% over the past 52 weeks, while the S&P 500 index has gained 16.94% in the same period. Apple's shares gained 1.12% to $96.29 in pre-market trading.