JP Morgan raises AAPL price target to $425 on 'long-term earnings trajectory'
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Investment bank JP Morgan has raised its AAPL price target to $425 on Apple's long-term upside as its near-term performance "surprises" investors.
Credit: Andrew O'Hara, AppleInsider
In a note to investors seen by AppleInsider, lead analyst Samik Chatterjee says that analysts looking for further Apple upside "have to focus on the longer-term earnings trajectory rather than expect near-term upside."
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