20-04-2020 22:33 via feedproxy.google.com

Analyst outlines path for Apple shares to soar to $500

Apple bulls, including one who’s laid out a path to shares to reach $500, think the company’s long-term story remains as bright as ever, despite the obvious setback due to the COVID-19 coronavirus pandemic.
Eric J. Savitz for Barron’s:Yes, demand is likely to be soft for the next few quarters, as the economic downturn takes a toll… But the bulls still see the potential for dramatic gains, once the pandemic fades into history.
In a note issued over the weekend, Evercore I
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