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Cowen Reiterates Outperform Rating and $155 PT on Apple (AAPL) Ahead of FQ2 Report; 'Better iPhone ASP on Continued Strong Shift Toward 7+'
May 1, 2017 6:25 AM EDTCowen reiterates Outperform rating and $155 price target on Apple (NASDAQ: AAPL) ahead of the company's 2017 fiscal second quarter report.
Analyst notes revenues and EPS estimates for the company at $53B/$2.02 with upside to $54.6B/$2.14 on better iPhone ASP, while commodity and component price... More
