Renewed coverage of AAPL from Goldman Sacks, which initiated coverage with a BUY rating on Sunday and a price target of $430 likely helped kick off today’s gains (see our full coverage for more information), but the broader markets were all in positive territory throughout morning and early afternoon session.
The DOW was at 11,466.140, up 55.82 (+0.49%); the NASDAQ was at 2,639.120, up 1.58 (+0.06%) (it had one brief dip into negative territory just after the opening bell); and the S&P 500 was at 1,245.540, up 5.14 (+0.41%).
As of this writing, AAPL was trading at $324.38 per share, up $3.82 (+1.19%), on strong volume of more than 10.7 million shares trading hands.
