Evercore lifts Apple iPhone demand view; AAPL set for fifth weekly gain
Evercore ISI raised its Apple price target to $380 from $365, citing potentially strong demand for the latest iPhone lineup. AAPL was little changed in early trading and was on track for a fifth consecutive weekly gain.
Apple (AAPL) shares were little changed in early morning trade on Friday and were on track for a fifth consecutive weekly gain, after fresh Wall Street commentary pointed to potentially strong demand for the company’s latest iPhone lineup. Evercore ISI lifted its price target on Apple to $380 from $365.