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Technology Stocks : Apple Inc.
AAPL 274.11-1.5%3:59 PM EST

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From: Moonray6/12/2014 12:47:01 PM
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Analyst Hikes Apple Price Target Over iPhone 6 and More

A prominent firm has upped its price target on Apple ( NASDAQ:AAPL) shares based on the potential
revenue that the company could derive from the upcoming iPhone 6 and other new products that are
expected to be released this year. RBC Capital Markets analyst Amit Daryanani boosted his price
target on Apple to $100 per share from a previous target of $96 per share, according to a research
note obtained by Apple Insider. This puts the RBC analyst’s new price target close to the $100.72 split-
adjusted peak that Apple stock reached in September of 2012. Daryanani also reiterated an
“Outperform” rating on Apple.

Read more: wallstcheatsheet.com

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