Apple’s stock took a minor confidence hit today, as JPMorgan lowered its price target, though the firm kept its overall rating intact.

JPMorgan also introduced a new Sapphire Reserve business card with a $795 annual fee and similar perks as the consumer card, along with credits for ZipRecruiter and Google Workspace.

American Express pioneered the premium credit card space decades ago with cards that bundled airlines and hotel perks with access to high-end airport lounges.