Popular Stories
UBS upgrades Apple to buy on auto market hopes
UBS analysts led by David Vogt upgraded their rating on Apple AAPL,
LiDAR patents) suggests to us Apple’s auto optionality is worth at least an incremental $14/share,” they said. UBS says an Apple-branded battery electric vehicle, or BEV, could achieve a 5% market share. Apple shares rose 1.8% in premarket trade, but have skidded 10% this year, hurt by the rise in Treasury yields that has pressured other technology giants.