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Apple (AAPL) Price Target Lifted to $160 at Canaccord Genuity on iPhone Domination

May 11, 2015 9:00 AM EDT

Canaccord Genuity analyst T. Michael Walkley bumped his price target on Buy-rated Apple (NASDAQ: AAPL) to $160.00 (from $155.00) after the firm's latest analysis showed that Apple dominated the high-end global smartphone market during Q1/C2015 with near-record share of industry profits and ongoing market share gains.

Walkley belives Apple's strong Q2/F2015 results... More