JPMorgan Reaffirms Buy Rating on Apple Amid Strong Demand for iPhones
Apple (NASDAQ:AAPL) received a buy rating from JPMorgan Chase & Co.
The firm's stock price opened at $334.94 on Monday, with a market capitalization of $4.89 trillion and a P/E ratio of 38.48.
This is not the first time Apple has received a buy rating; several other research firms have also issued positive reports on the company.