Apple shares climb on Wall Street upgrade 

The rise in Apple shares has helped push its valuation further beyond the $3 trillion level

Apple shares were trading on Monday at just below $193 each at one stage, after Morgan Stanley raised its target price for the shares. 

Apple shares rose 1%, adding further billions to its stock market valuation, following gains of almost 50% since the start of the year on the back of a major upgrade by a Wall Street bank.  

Apple shares were trading on Monday at just below $193 each at one stage, after Morgan Stanley raised its target price for the shares.