Apple (NASDAQ:) shares commerce virtually 1% increased in pre-market Monday as Wall Avenue analysts proceed to hike goal costs on the Cupertino-based tech behemoth.

The tech group and market members broadly anticipate that Apple will launch a combined actuality (MR) headset on the WWDC 2023 occasion that is because of begin immediately.

Evercore ISI and Financial institution of America analysts are the newest to boost their goal costs on Apple shares. The previous reiterated a High Choose designation on Apple inventory and hiked the worth goal to $210 per share.

“AAPL stays positioned to maintain mid-single digit gross sales and double-digit EPS progress over subsequent a number of years with much less volatility & excessive consistency. We anticipate AAPL’s valuation to achieve ranges akin to shopper staple belongings vs. {hardware} friends,” analysts mentioned in a consumer word.

Equally, BofA analysts boosted the worth goal to $190 per share as MR apps “might command a premium.” Nonetheless, the analysts stay Impartial-rated, citing balanced risk-reward.

“We use the next a number of to mirror an enlargement out there a number of and on enchancment within the companies progress trajectory with the potential for additional acceleration from new product classes),” they mentioned in a word.