Business
These ASX 200 shares are on fire in 2021
While the S&P/ASX 200 Index (ASX: XJO) has been on form in 2021 and is charging higher, a number of shares are performing even better.
Here’s why these ASX 200 shares have been rocketing higher this year:
The Afterpay share price has stormed 21.6% since the start of the year. There have been a number of catalysts for this impressive form. One of those was a broker note out of Morgan Stanley, which revealed that its analysts had retained their overweight rating and lifted the price target on the payments company’s shares to $136.00. It made the move after looking at app downloads. The broker believes these have been very strong in the key US and UK markets. So much so, it is expecting Afterpay to report 13.6 million active…
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