KeyBanc raises Apple target price to $200
Apple may have seen far better monthly sales improvement in June than it historically does, an analyst at KeyBanc Capital Markets says in a note to clients as he raises his target price on Apple from $180 to $200.Emily Bary for MarketWatch:Brandon Nispel wrote late Monday that KeyBanc’s analysis of U.S. card spending indicated a 23% month-over-month bump in spending on direct Apple purchases during June, when looking at transactions of at least $400. The good news is that rate is above the
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