Cowen raises Apple price target to $200 after blockbuster earnings results
Investment bank Cowen has raised its price target to $200, from $180, following Apple's record-shattering December quarter earnings results.
Apple iPhone 13 Pro models
In a note to investors seen by AppleInsider, Cowen lead analyst Krish Sankar writes that Apple delivered strong December quarter upside that beat Wall Street expectations despite an estimated $6 billion revenue hit from ongoing chip shortages and supply constraints.
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