Evercore Raises Apple Inc. Price Target

On Tuesday, an analyst at Evercore raised the price target on shares of Apple Inc. AAPL to $125 and reiterated an Overweight rating.

Evercore analysts anticipate that Apple Inc. will sell 39 million phones in the September and 65 million phones in the December.

Shares of Apple Inc. recently traded at $100.69, up 0.6 percent.