Appl Insider
Investment bank UBS has upgraded AAPL to a “Buy” and raised its price target to $142, based on a stable iPhone backdrop and the possibility of Apple entering the car market.Credit: AppleInsiderIn a note to investors seen by AppleInsider, lead analyst David Vogt says that a “more stable long-term iPhone demand backdrop with better [average selling prices]” and Apple’s “likely entry into the auto market” are driving the UBS revision on AAPL shares. Read more…
Source: Appl Insider