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Apple Price Targets Rise With $3 Trillion Milestone in View

  • BofA upgrades stock and raises PT to joint Street-high of $210
  • Shares up 33% this year, with $3 trillion market value close
A digital display of iPhone 13 smartphones in the Apple Inc. store in London, U.K.

A digital display of iPhone 13 smartphones in the Apple Inc. store in London, U.K.

Photographer: Chris Ratcliffe/Bloomberg
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Apple Inc. analysts just keep getting more bullish, with Bank of America Corp. on Tuesday upgrading the iPhone maker to buy on the revenue opportunity from virtual reality products. 

The shares gained 0.8%, with BofA analyst Wamsi Mohhan also setting a $210 price target that matches JPMorgan Chase & Co. as the highest on the Street. Apple shares have rallied throughout 2021, with the stock up 33%. The stock needs to rise about 4% from Monday’s close in order to hit a historic $3 trillion market valuation.