Apple shares are up 48.9% over the past year
Apple Inc. has increased its product prices due to pricey memory chips.
The firm’s shares are up by 48.9% over the past year and by 16.9% year-to-date.
Evercore ISI kept a $365 share price target and an Overweight rating on the stock, while KGI Securities downgraded the shares to Hold from Outperform with a $315 share price target.