NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Apple ( AAPL) upgraded at JMP from Market Perform to Outperform. $200 price target. Estimates also raised to reflect expected growth from new devices and markets.
Even Apple doesn't like to overpay.
It's unlikely to move the needle very far for Snapchat, but it will give users another reason to stay on the disappearing message app.
Apple is nearing completion of construction on its brand new retail location in Chicago.
Tech and telecom chieftains brought their own agendas, however.