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JPMorgan Reiterates Overweight Rating on Apple (AAPL) Ahead of 3Q Release

July 29, 2019 8:35 AM EDT

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $239.00 price target on Apple (NASDAQ: AAPL) ahead of the company's 3Q earnings report on July 30th. Chatterjee expects slightly better earnings relative to consensus expectations, led by better revenue (consensus $53.3 bn) predicated on iPhone volume... More