Apple to boost China investments as demand slows
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Bernstein Says Apple's (AAPL) Valuation Remains Attractive Amid Recent Run, But Sees One Possible Near-Term Risk
August 16, 2016 2:59 PM EDTBernstein 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
