Apple (AAPL) PT Raised to 'Street High' $265 at Monness, Crespi, Hardt

Monness, Crespi, Hardt analyst Brian White raised the price target on Apple (NASDAQ: AAPL) to a 'Street High' $265.00 (from $245.00) while maintaining a Buy rating.

White commented, "Last night, Apple reported excellent 3Q:FY19 results and served up a strong outlook. Although the iPhone portfolio continued to struggle in the quarter, Apple grew its non-iPhone revenue by 17% with notable strength in Wearables and further progress in Services. We are increasing our estimates and raising our 12-month price target to $265 from $245."

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