Topeka Capital Markets Reiterates Buy Rating, $1,111 PT on Apple
In a report published Friday, Topeka Capital Markets reiterated its Buy rating and $1,111.00 price target on Apple (NASDAQ: AAPL).
Topeka Capital noted, “Today, Apple unveiled pricing discounts as part of its special one-day shopping event. We believe this holiday season will belong to Apple as the product lineup has never been stronger with a recent refresh across 80% of the portfolio.”
Apple closed on Wednesday at $561.70.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.