Market Movers rounds up the best investor and analyst reactions to Apple. The tech giant’s market capitalization topped $3 trillion on Friday, and its shares closed at record highs, among the pros. Apple’s market capitalization hit $3 trillion for the first time in January 2022, but fell below the milestone before the day’s close. On Thursday night, Citigroup’s Atif Malik made his debut buy on Apple with a $240 price target, the highest among Wall Street analysts. The firm also forecast that the iPhone maker could sell for 30 times projected fiscal 2025 earnings per share. The stock is currently held by Jim Cramer’s charitable trust portfolio.
