Apple to boost China investments as demand slows

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Go back to Apple to boost China investments as demand slows

Bernstein Says Apple's (AAPL) Valuation Remains Attractive Amid Recent Run, But Sees One Possible Near-Term Risk

August 16, 2016 2:59 PM EDT

Bernstein affirms Apple (Nasdaq: AAPL) at Outperform with a price target of $125, and asked whether or not recent momentum in the stock can continue.

Analyst Toni Sacconaghi noted that Apple's valuation remains attractive versus peers, despite the recent run.

Sacconaghi continued, We believe that current quarter (September, FYQ4 16)... More