Canaccord analyst sees 10% jump for Apple as iPhone continues to gain market share

Canaccord analyst sees 10% jump for Apple as iPhone continues to gain market share

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/09/04/canaccord-analyst-sees-10percent-jump-for-apple-as-iphone-continues-to-gain-market-share.html

Apple shares have been on fire lately and will add to their gains as the company's flagship product, the iPhone, increases its market share, an analyst at Canaccord Genuity predicts.

Analyst T. Michael Walkley increased his price target on Apple's stock to $250 from $220, implying a 10 percent jump from Friday's close of $227.63. Apple shares rose more than half a percent to around $229, a record high.