Apple Inc.’s stock rallied 0.7% in premarket trade Monday, after Goldman Sachs raised its price target, to put it on track to open at a record high. The stock was trading at $133.09 ahead of the open, above Thursday’s record close of $132.42 and above Friday’s all-time intraday high of $132.94. The 97-cent premarket gain in the stock would add about 7 points to the Dow Jones Industrial Average’s price. Goldman raised Apple’s stock price target to $150, which is was 14% above Friday’s closing price of $132.12, from $133, citing increased confidence regarding major new features in the next iPhone. The stock has run up 41% over the past 12 months, while the Dow has rallied 27%.
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