This morning, Jefferies upgraded shares of Apple (NASDAQ:AAPL) from hold to buy as the company is seeing better pricing from its supply chain. In the report, Jefferies noted that gross margins could improve from here and raised its price target to $600. Shares of Apple were higher on Monday, picking up 1.6% so far.
And Goldman Sachs upgraded shares of Lazard (NYSE:LAZ) from neutral to buy as the company should see revenue climb and margins grow. In the report, Goldman added Lazard to its Conviction Buy List and set a $45 price target. Shares of Lazard were higher by 1.5% following the report.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.