Analysts race to lift Apple price targets

Analysts raced to lift Apple price targets after Apple yesterday blew away analysts’ consensus estimates by announcing fiscal Q320 earnings for the period ended June 27, 2020, amid the COVID-19 pandemic. The company posted quarterly revenue of $59.7 billion, an increase of 11 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 percent.
Apple’s record June quarter was driven by double-digit growth in both Products and Services and growth in each