Apple Stock Today: AAPL Rises Before Earnings as UBS Points to iPhone Strength
Apple shares rose 1.1% to $270.59 in morning trading Tuesday, outperforming a weaker Nasdaq ahead of its April 30 earnings report. UBS raised its price target on Apple to $287, citing iPhone market-share gains, but kept a Neutral rating. The earnings call will be the first since Apple announced Tim Cook will become executive chairman and John Ternus CEO in September.