Needham & Company Upgrades Apple (AAPL) to Strong Buy

Needham & Company analyst Laura Martin upgraded Apple (NASDAQ: AAPL) from Buy to Strong Buy with a price target of $225.00 (from $180.00).

• Likes the ecosystem value upside.
• Has positive conclusions from proprietary survey.
• Positive view on company's current services.
• Likes strong Network Effects.

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $189.00 yesterday.

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