---
title: "Apple's stock price rose in pre-market trading as Loop upgraded its rating to Buy"
description: "After Loop Capital upgraded Apple Inc.'s rating from Hold to Buy, Apple's stock price rose 1.2% in pre-market trading. Analyst Ananda Baruah stated, \"We are now in the early stages of Apple's long-ter"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261878844.md"
published_at: "2025-10-20T12:02:51.000Z"
---

# Apple's stock price rose in pre-market trading as Loop upgraded its rating to Buy

> After Loop Capital upgraded Apple Inc.'s rating from Hold to Buy, Apple's stock price rose 1.2% in pre-market trading. Analyst Ananda Baruah stated, "We are now in the early stages of Apple's long-term expected product adoption cycle, which is expected to drive iPhone shipments to continue growing until 2027." The firm's target price was raised from $226 to Wall Street's highest at $315

After Loop Capital upgraded Apple Inc.'s rating from Hold to Buy, Apple's stock price rose 1.2% in pre-market trading. Analyst Ananda Baruah stated, "We are now in the early stages of Apple's long-term expected product adoption cycle, which is expected to drive iPhone shipments to continue growing until 2027." The firm's target price was raised from $226 to Wall Street's highest at $315

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.