Apple (AAPL) PT Raised to $220 at Monness, Crespi, Hardt; 'Good Enough'
Monness, Crespi, Hardt analyst Brian White raised the price target on Apple (NASDAQ: AAPL) to $220.00 (from $200.00) while maintaining a Buy rating. White called the results "good enough."
He commented, ". Last night, Apple reported 1Q:FY19 results that were largely inline with the company’s pre-announcement on January 2, while serving up a 2Q:FY19 outlook that is below the Street but above our projections. We are raising our estimates and boosting our 12-month price target to $220 from $200."