10:10 am: Apple and Amazon hit record highs
Shares of Apple and Amazon hit fresh all-time highs as traders sold some of their holdings in stocks benefiting from the broader economic reopening. Apple traded 0.9% higher along with Amazon shares. Those gains put Apple up more than 14% for 2020 and Amazon up 37.9% in that time. —Imbert
9:43 am: Here are Tuesday’s biggest analyst calls of the day: Amazon, Dick’s, Facebook & more
- Wells Fargo raised its price target on Amazon to $3,000 from $2,725.
- Barclays upgraded Zynga to overweight from equal weight.
- Bank of America raised its price target on Amazon to $3,000 from $2,600.
- Goldman Sachs raised its price target on Facebook to $250 from $220.