JP Morgan ups Apple price target to $190

JP Morgan analyst Samik Chatterjee on Wednesday maintained an “Overweight” rating on AAPL shares and increased his Apple price target from $175 to $190.William Gallagher for AppleInsider:“Expect Mar-Q beat to targets on iPhone revenue tailwinds from channel inventory build,” says the firm in a note seen by AppleInsider. “We are modestly raising our revenue and earnings forecast for the Mar-Q to $94.9 bn/$1.49 from $92.7 bn/$1.44 (vs. consensus of $92.5 bn/$1.43).&rd