<p>After Loop Capital upgraded Apple Inc.'s rating from Hold to Buy, Apple's stock price rose 1.2% in pre-market trading. Analyst Ananda Baruah stated, &#34;We are now in the early stages of Apple's long-term expected product adoption cycle, which is expected to drive iPhone shipments to continue growing until 2027.&#34; The firm's target price was raised from $226 to Wall Street's highest at $315</p>

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<p>After Loop Capital upgraded Apple Inc.'s rating from Hold to Buy, Apple's stock price rose 1.2% in pre-market trading. Analyst Ananda Baruah stated, "We are now in the early stages of Apple's long-term expected product adoption cycle, which is expected to drive iPhone shipments to continue growing until 2027." The firm's target price was raised from $226 to Wall Street's highest at $315</p>

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Apple's stock price rose in pre-market trading as Loop upgraded its rating to Buy