Shares of Apple (NASDAQ: AAPL) climbed on Monday following bullish commentary from a Wall Street analyst. By the close of trading, Apple's stock price was up 2.15% after having been up by as much as 3.7% earlier in the session.
KeyBanc analyst Brandon Nispel placed an overweight rating on Apple. He foresees the tech titan's shares rising to $191 over the next 12 months -- about 16% higher than their current price of around $165.
A KeyBanc analyst expects Apple's share price to climb to new highs in the year ahead. Image source: Getty Images.
Source Fool.com