Royal Bank of Canada analyst Robert Muller raised Apple’s target price from $111 to $132 to maintain its overweight rating. The analyst told investors in a research report that the company’s upcoming fitness + product is expected to become a “valuable competitor” in health and health care, and that the service will benefit from the trend in household spending during the virus pandemic. < / P > < p > analysts added that fitness + should create synergies in Apple’s watch, TV iPad and service divisions, which represents another way for apple to “increase customer loyalty and repeat purchases.”. Spontaneous combustion at a Guangzhou Motor vehicle intersection and other traffic lights in Shenzhen