Apple stock rises on rare positive analyst report

By | January 11, 2016

Scalper1 News

After weeks of negative analyst reports on Wall Street, iPhone maker Apple (AAPL) received a positive note and upgrade from Mizuho Securities on Sunday. Mizuho analyst Abhey Lamba changed his rating on Apple stock to buy from neutral. However, he trimmed his price target to 120 from 125 in the face of short-term worries about iPhone production slowdowns and weakness in China. “Investors seem to be too caught up in short-term data points,” Lamba Scalper1 News

Scalper1 News