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UBS Reiterates Buy Rating and $170 PT on Apple (AAPL); 'F18 Earnings Estimates Too Low, May Be Anticipating Positive Earnings Revisions'
May 31, 2017 8:24 AM EDTUBS reiterates Buy rating and $170 price target on Apple (NASDAQ: AAPL), continuing a mutli-part series review the company's valuation and business outlook.
Analyst Steven Milunovich concludes that the Street's projections for gross margin leave room to the upside for management, assuming 15% unit... More

