Apple stock rises as iPhone sales concerns ease

By | October 23, 2015

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Apple (AAPL) shares pressed higher on Friday after the company received several upbeat analyst reports ahead of its fiscal fourth-quarter earnings release on Tuesday. Apple stock was near 119, up almost 3% in afternoon trading on the stock market today. Maxim Group analyst Nehal Chokshi upgraded its rating on Apple to buy from hold and raised his price target to 167 from 144. “We have greater confidence that the key gross margin bear thesis will Scalper1 News

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